Stock futures were little changed in premarket trading after the major indexes rose to their highest since early 2022 last week.  ( 1 min )

Shares of Macy's surged after reports of a $5.8 billion takeover bid for the department store chain and Cigna called off plans to purchase rival health insurer Humana. Here’s what investors need to know today.  ( 1 min )

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Satellite maker Terran Orbital is looking to sell itself about a year and a half after it went public, according to people involved in the process. Terran is seeking bids by the end of the month and has attracted interest from potential strategic and financial buyers in the U.S. and Europe, accordi  ( 25 min )

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Occidental Petroleum agreed to a $12 billion deal to buy West Texas producer CrownRock as the independent oil company seeks to keep pace with consolidation in the industry.  ( 29 min )

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The acquisition will add 170,000 barrels of oil per day to Occidental’s daily production.  ( 21 min )

(Bloomberg) -- Smaller social media stocks are slowly winning over analysts as the outlook for the advertising industry improves.Most Read from BloombergBitcoin’s 2023 Rally Frays During Brief 7.5% Drop Toward $40,000Abu Dhabi Is the World’s Newest Wealth Haven for BillionairesJack Ma’s Biggest E-Commerce Rival Is Coming for AmazonBig Tech’s Ability to Deliver on AI Profits Looms Over S&P 500Harvard Under Heightened Pressure After Penn Leaders OustedBrokers are searching beyond big names like Me  ( 35 min )

Investors are counting down to key consumer inflation data and the Fed's last policy decision of the year.  ( 35 min )

Occidental Petroleum said on Monday it would buy Permian basin-based energy producer CrownRock in a cash-and-stock deal valued at $12 billion. Occidental said it would finance the purchase with $9.1 billion of new debt, the issuance of about $1.7 billion of common equity and the assumption of CrownRock's $1.2 billion of existing debt. The deal is expected to close in the first quarter of 2024.  ( 34 min )

How much should you pay for long-term care insurance? Let’s say you’ve been offered a policy for $500 per month, or $6,000 per year. While the results will vary widely based on your health, age, gender and household size, for most individual policies, this would be expensive. However, it really depends on your personal circumstances. […] The post Is $500 Per Month Too Much for Long-Term Care Insurance? appeared first on SmartReads by SmartAsset.  ( 36 min )

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The upbeat sentiment around stabilizing interest rates and robust quarterly earnings caused equities to rebound towards the end of the year, with the benchmark S&P 500 within a hailing distance of its highest intra-day level of the year at 4,607.07 points, earlier hit in July. The S&P 500 and Nasdaq also notched their highest closing since early 2022 on Friday, after data showed non-farm payrolls were higher than expected, underscoring hopes that the world's largest economy could control inflation without slipping into recession. Focus now shifts to the Consumer Price Index (CPI) data due on Tuesday, which is expected to show headline inflation remaining unchanged in November, and the Fed's last interest rate decision of the year, due on Wednesday.  ( 35 min )

The latest Market Talks covering Energy and Utilities.  ( 27 min )

(Bloomberg) -- One of Wall Street’s biggest bulls estimates that the S&P 500 will hit 5,200 points next year to set a fresh record.Most Read from BloombergBitcoin’s 2023 Rally Frays During Brief 7.5% Drop Toward $40,000Abu Dhabi Is the World’s Newest Wealth Haven for BillionairesStocks Make Cautious Start to Event-Packed Week: Markets WrapJack Ma’s Biggest E-Commerce Rival Is Coming for AmazonHarvard Under Heightened Pressure After Penn Leaders OustedOppenheimer Asset Management chief strategist  ( 35 min )

As victory celebrations go, the Federal Reserve's announcement of a quarter point interest rate cut in July of 1995 was hardly ostentatious. "As a result of the monetary tightening initiated in early 1994, inflationary pressures have receded enough to accommodate a modest adjustment in monetary conditions," the Fed, then led by Alan Greenspan, said as it began to loosen its grip on the economy after nipping incipient inflation and with such good timing that the unemployment rate continued what would become an eight-year decline. Job and economic growth that had been ebbing into a possible recessionary spiral both picked up.  ( 36 min )

A key threshold markets link with an end to the Federal Reserve’s wind-down of its asset holdings could be hit sooner than expected, pointing to fresh uncertainty over the endgame for the central bank’s balance sheet normalization process. According to the most recent New York Fed survey of Wall Street’s biggest banks, the Fed is expected to end the contraction of its holdings of cash and bonds when balances in its reverse repo facility fall to $625 billion. At the same time, banks in the survey also say quantitative tightening, or QT, is likely to stop in the third quarter of next year.  ( 35 min )

Investors have fretted that weight loss drugs were going to overhaul the eating behaviors of consumers, health needs, and even wardrobes. So far, the fears have been overblown.  ( 40 min )

Novo Nordisk's corporate structure has a few quirks that investors need to know about.  ( 39 min )

What does it take to buy a home in the U.S.? A lot more than it did before the Federal Reserve raised interest rates.  ( 25 min )

Investors are considering taking on more risk ahead of possible interest-rate cuts.  ( 28 min )

Stocks, bonds, crypto and gold are surging, sparking worries of a fleeting sugar high.  ( 27 min )

Investors are considering taking on more risk ahead of possible interest-rate cuts.  ( 28 min )

Apple shares are nearing a record closing high. Surprisingly strong iPhone sales could be the key to it pushing through that barrier, according to Wedbush analyst Dan Ives.  ( 22 min )

(Bloomberg) -- China’s real borrowing costs are expected to stay high in 2024 as deflation pressures linger and the central bank will likely avoid aggressive policy rate cuts, posing yet another threat to growth.Most Read from BloombergBitcoin’s 2023 Rally Frays During Brief 7.5% Drop Toward $40,000Biden’s Support of Israel Alienates More Democrats in New PollPenn Leaders Out After Genocide Response, Alumni PressureBattery Startup ONE Demotes Founder and CEO During Cash CrunchWhile the People’s  ( 36 min )

Long before cryptocurrency and Sam Bankman-Fried, the biggest name in corporate fraud was Bernie Madoff. Fifteen years after the FBI arrested Madoff on Dec. 11, 2008 for running a massive Ponzi scheme — and two years after his death in a federal prison — lawyers are still sifting through the fallout of his nearly $65 billion fraud. More than $14.6 billion has been recovered for Madoff's victims so far by Irving Picard, the court-appointed trustee overseeing the liquidation of Madoff's firm, and his legal team.  ( 35 min )

A group of investors has offered $5.8 billion to buy Macy's and take it private, The Wall Street Journal reported Sunday.  ( 19 min )

(Bloomberg) -- US company earnings are likely to weaken in the fourth quarter before a rebound in 2024 as margins are under pressure, according to Morgan Stanley’s Michael Wilson.Most Read from BloombergBitcoin’s 2023 Rally Frays During Brief 7.5% Drop Toward $40,000Stocks Make Cautious Start to Event-Packed Week: Markets WrapHarvard Under Heightened Pressure After Penn Leaders OustedBiden’s Support of Israel Alienates More Democrats in New PollThe strategist highlights a “steep downward revisio  ( 35 min )

Macy’s stock surges on a report that an investor group has made a $5.8 billion offer to buy the retailer, while Cigna shares jump after it raises its buyback by $10 billion and a report says it is stepping away from a possible merger with Humana.  ( 25 min )

JD.com founder and chairman Richard Liu Qiangdong has urged his staff to take more proactive actions to fend off competition and fix management problems or else there would be "no way out" for the e-commerce giant. The Chinese billionaire entrepreneur made those comments in a a thread on JD.com's internal discussion board, where an employee listed out major challenges faced by the company, including inadequate support for third-party vendors and insufficient supply of low-price products on the p  ( 36 min )

In the absence of news about spot Bitcoin ETFs, the Fed’s monetary policy decision this week could be the key catalyst for cryptos.  ( 23 min )

Danske Bank Research said it is looking to buy EUR/USD on any dips in the near term due to the impact of any weaker U.S. economic data.  ( 28 min )

(Bloomberg) -- Chinese stocks staged a sharp recovery in afternoon trading, with a spike in volumes for an exchange-traded fund tracking state-owned shares fueling speculation of buying by state funds.Most Read from BloombergBitcoin’s 2023 Rally Frays During Brief 7.5% Drop Toward $40,000Biden’s Support of Israel Alienates More Democrats in New PollPenn Leaders Out After Genocide Response, Alumni PressureBattery Startup ONE Demotes Founder and CEO During Cash CrunchThe CSI 300 Index reversed all  ( 34 min )

(Bloomberg) -- Weight-loss drugmakers Novo Nordisk A/S and Eli Lilly & Co. are more likely to turn into laggards in 2024 than other stock market stars of this year. That’s according to Bloomberg’s latest Markets Live Pulse survey.Most Read from BloombergBitcoin’s 2023 Rally Frays During Brief 7.5% Drop Toward $40,000Biden’s Support of Israel Alienates More Democrats in New PollPenn Leaders Out After Genocide Response, Alumni PressureChinese Stocks Swing to Gain; Markets Await Data: Markets WrapA  ( 35 min )

Semiconductors have in recent years become a focal point in the U.S.'s efforts to impede China's technological advancement. Now Washington has its eye on yet another red-hot tech sector where China is making great strides: batteries for electric vehicles. Earlier this month, the Departments of Treasury and Energy proposed rules that would limit electric vehicle buyers from claiming tax credits if their cars contain battery materials from China and other countries considered "hostile" to the U.S. Under President Joe Biden’s signature climate law approved last year, consumers are entitled to up to $7,500 in subsidies for purcahses of EVs made in the U.S. using largely domestic materials.  ( 34 min )

(Bloomberg) -- Bitcoin delivered another bout of its notorious volatility in a brief but sharp tumble toward $40,000 amid a broader crypto selloff.Most Read from BloombergPenn Leaders Out After Genocide Response, Alumni PressureBitcoin’s 2023 Rally Frays During Brief 7.5% Drop Toward $40,000Biden’s Support of Israel Alienates More Democrats in New PollBattery Startup ONE Demotes Founder and CEO During Cash CrunchThe largest token sank as much as 7.5% to $40,521 before paring some of the losses t  ( 34 min )

Goldman Sachs forecasts the U.S. Federal Reserve delivering the first rate cut in the third quarter of next year, earlier than its previous forecast of the fourth quarter, citing better inflation news.  ( 33 min )

(Bloomberg) -- The euro zone won’t escape a first recession since the pandemic, with its economy shrinking for a second straight quarter in the final three months of the year, according to a Bloomberg poll of analysts.Most Read from BloombergPenn Leaders Out After Genocide Response, Alumni PressureBiden’s Support of Israel Alienates More Democrats in New PollBattery Startup ONE Demotes Founder and CEO During Cash CrunchBig Tech’s Ability to Deliver on AI Profits Looms Over S&P 500The 0.1% contra  ( 34 min )

Stephanie Pope is expected to be promoted to operating chief, making her the likely successor to CEO David Calhoun.  ( 30 min )

(Bloomberg) -- Li Ning Co Ltd. shares tumbled on Monday as investors rebuffed the Chinese sportswear maker’s plan to buy a commercial building in Hong Kong. Most Read from BloombergPenn Leaders Out After Genocide Response, Alumni PressureBig Tech’s Ability to Deliver on AI Profits Looms Over S&P 500Battery Startup ONE Demotes Founder and CEO During Cash CrunchFed Starts to Confront the Next Big Question: Why to Cut RatesThe stock dropped as much as 16%, taking its declines this year to over 70%.  ( 35 min )

More than a billion dollars of incentives from the state attracted VinFast: a Vietnamese upstart with huge ambitions but a limited track record.  ( 30 min )

(Bloomberg) -- Oil was steady after its longest weekly losing streak in five years that’s been driven by signs supply is starting to run ahead of demand.Most Read from BloombergPenn Leaders Out After Genocide Response, Alumni PressureGlobal Rate-Cut Standoff Looms in 2023 Policy FinaleApps That Use AI to Undress Women in Photos Soaring in UseFed Starts to Confront the Next Big Question: Why to Cut RatesBrent traded below $76 a barrel, after logging seven weeks of declines, while West Texas Inter  ( 34 min )

Gold prices fell further on Monday as the dollar held firm, with investors looking forward to several major central bank meetings and U.S. inflation data release this week for more clarity on the interest rate trajectory. Spot gold was down 0.2% at $1,998.89 per ounce as of 0232 GMT, after dropping about 3.3% last week in its worst week in more than two months. "Stronger jobs number on Friday caused a little bit of a reshaping of expectations for the Fed next year, providing a reprieve to the dollar and bond yields and that puts some downward pressure on gold," said KCM Trade Chief Market Analyst Tim Waterer.  ( 35 min )

India’s Sensex edged 0.2% higher to 69961.58, tracking Wall Street’s gains on Friday.  ( 26 min )

Forget the cardboard box and security-guard escort. Some employers are giving workers advance notice of their layoffs so they can look for a new job.  ( 25 min )

Oil prices inched higher on Monday, extending gains for a second session as U.S. efforts to replenish strategic reserves provided some support, although concerns of crude oversupply and softer fuel demand growth next year lingered. Brent crude futures rose 11 cents, or 0.2%, to $75.95 a barrel by 0119 GMT, while U.S. West Texas Intermediate crude futures were at $71.30 a barrel, up 7 cents, or 0.1%. The recent price weakness drew demand from the U.S., which has sought up to 3 million barrels of crude for the Strategic Petroleum Reserve (SPR) for delivery in March 2024.  ( 35 min )

(Bloomberg) -- The S&P 500 Index will hit a record high in 2024 as the US avoids sinking into a recession, although a weaker consumer will mean the index gains less than this year’s 20% surge, according to Bloomberg’s latest Markets Live Pulse survey.Most Read from BloombergPenn Leaders Out After Genocide Response, Alumni PressureGlobal Rate-Cut Standoff Looms in 2023 Policy FinaleBig Tech’s Ability to Deliver on AI Profits Looms Over S&P 500Apps That Use AI to Undress Women in Photos Soaring in  ( 37 min )

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The dollar started Monday on the front foot, with a reading on U.S. inflation and the Federal Reserve's last policy meeting for the year likely to set the tone for the week, while rising deflationary pressure in China leant on the yuan. The greenback pushed back above 145 yen and last bought 145.12 yen, reversing some of its steep fall against the Japanese currency late last week, as bets grew that the Bank of Japan's ultra-low interest rates policy may be nearing an end. Data on Friday showed U.S. job growth accelerated in November while the unemployment rate fell to 3.7%, underscoring the resilience of the labour market in the world's largest economy and challenging expectations of imminent rate cuts from the Fed beginning early next year.  ( 35 min )

Oil futures edged higher in early morning Asian session in possible position adjustments.  ( 26 min )

Asian shares started cautiously on Monday ahead of a week packed with a quintet of central bank meetings and data on U.S. inflation that could make or break market hopes for an early and rapid fire round of rate cuts next year. An upbeat payrolls report has already seen investors scale back expectations for a March cut by the Federal Reserve, though May remains priced at a 76% chance. The Fed is considered certain to hold rates at 5.25-5.50% this week, putting the focus on the "dot plots" for rates and Chair Jerome Powell's press conference.  ( 36 min )

(Bloomberg) -- Jack Ma essentially invented the e-commerce business in China by co-founding Alibaba Group Holding Ltd. and steering it to the top of the country’s private sector. But a couple weeks ago, the celebrated entrepreneur called out a little-known rival for outpacing his brainchild and becoming a role model for the tech industry.Most Read from BloombergPenn Leaders Out After Genocide Response, Alumni PressureGlobal Rate-Cut Standoff Looms in 2023 Policy FinaleApps That Use AI to Undress  ( 42 min )

A growth stock is a publicly traded share in a company expected to grow at a rate higher than the market average.  ( 26 min )

Shares of Macy's surged after reports of a $5.8 billion takeover bid for the department store chain and Cigna called off plans to purchase rival health insurer Humana. Here’s what investors need to know today.  ( 19 min )

Although gambling and speculation both refer to uncertain outcomes, speculation includes taking into account a calculated risk.  ( 23 min )

Ordinary income is any income earned by an organization or individual subject to standard tax rates.  ( 26 min )

A tax rate is a percentage at which an individual or corporation is taxed. A progressive tax rate imposes additional, higher rates as income increases.  ( 26 min )

When buying stocks, many would say the smallest number of shares an investor can purchase is one, but the real answer is not quite as simple.  ( 25 min )

A pennant is a pattern used in technical analysis described by a triangular flag shape that signals a continuation.  ( 27 min )

Choosing the right indicators can be a daunting task for new traders. It’s a much easier process when they focus their efforts into five categories.  ( 28 min )

A non-resident is an individual who resides predominantly in one region but has interests in another region. Learn about non-resident taxes in the U.S.  ( 25 min )

Find out why the Bahamas is an international tax haven. Learn about business and tax laws that make the Bahamas attractive for foreign investors.  ( 26 min )

Evaluate Apple's position in the marketplace by looking at it through the perspective of the Porter Five Forces Model for industry analysis.  ( 25 min )

Het betalen met bankbiljetten heeft maar weinig impact op het milieu, blijkt uit onderzoek van de Europese Centrale Bank (ECB). Het jaarlijkse gebruik van contant geld van een persoon staat gelijk aan de uitstoot van een autorit van 8 kilometer.  ( 8 min )

Volgend jaar kan je opnieuw subsidie aanvragen voor het verduurzamen van je huis of kantoorgebouw. Het budget is dan zelfs ruimer dan dit jaar: er gaat 600 miljoen euro in de pot.  ( 8 min )

Nederlanders hebben dit jaar veel gegoogeld op woorden die met verkiezingen te maken hebben. StemWijzer staat bovenaan de lijst met trending zoektermen. Ook 'verkiezingen', BBB, NSC en 'kabinet gevallen' staan in de top tien.  ( 9 min )

ProRail kan niet met zekerheid zeggen of alle spoordijken in Nederland stevig genoeg zijn om de verwachte groei van het treinverkeer aan te kunnen. Dat blijkt uit tussentijdse resultaten van een lopend onderzoek. De spoorbeheerder zegt dat er meer onderzoek nodig is.  ( 9 min )

In de Verenigde Arabische Emiraten wordt binnenkort voor het eerst een bierbrouwerij geopend. Nieuwe regelgeving in Abu Dhabi maakt de productie van alcohol mogelijk. Daarmee opent het land de deuren voor bierbrouwerijen en stokerijen.  ( 9 min )

Rampen door klimaatverandering kosten landen miljarden. Op de eerste dag van de VN-klimaattop in Dubai is het klimaatschadefonds opgezet. Is dit genoeg om de geleden schade te dekken?  ( 3 min )

Tax benefits, including tax credits, tax deductions, and tax exemptions, can reduce your tax liability if you meet the various eligibility requirements.  ( 29 min )

Well-organized trading screens can speed up complex decision making.  ( 26 min )

A covered bond is an investment in debt that is comprised of loans that are backed by a separate group of assets.  ( 23 min )

How to avoid violating the wash sale rules set by the Internal Revenue Service (IRS) when realizing capital losses in your taxable investment account.  ( 25 min )

Dental insurance premiums can be tax-deductible under certain circumstances, but not for coverage that is for cosmetic procedures such as teeth whitening.  ( 23 min )

Game theory, the study of strategic decision-making, can be used in many fields, including business, finance, and economics.  ( 29 min )

Analyzing cryptocurrencies can help you make an informed investment decision.  ( 25 min )

The CMA certification is a credential for certified management accountants. Read about the CMA exam and what you can earn with a CMA certification.  ( 27 min )

Don’t pay for a plan that won’t cover your pearly whites when you need it to  ( 26 min )

Sam Altman's sudden dismissal and rehiring whipsawed demand for OpenAI's shares, underscoring the inherent risks of investing in private-market shares.  ( 20 min )

Moral hazard occurs when one party to an agreement engages in risky behavior because it knows the other party bears the consequences of that behavior.  ( 25 min )

Form 1040 is the standard U.S. individual tax return form that taxpayers use to file their annual income tax returns with the IRS.  ( 35 min )

An offset is a strategy that requires taking an opposite position to one previously taken to reduce risk or eliminate an unwanted consequence.  ( 23 min )

The available balance in a checking or on-demand account is the amount that is immediately accessible to the account holder. Learn more about banking terms.  ( 25 min )

There are four categories of factors of production that impact economic activity and growth. Learn how different schools of economic thought view them.  ( 23 min )

Cross-correlation is a measurement that tracks the movements over time of two variables relative to each other.  ( 24 min )

Investors are better off ignoring macroeconomic forecasts and focusing instead on the lessons that microeconomics can teach them.  ( 26 min )

Non-fungible tokens can be created directly on NFT platforms, allowing you to upload your artwork and ‘mint’ it on the blockchain. Here’s how.  ( 28 min )

The Bureau of Labor Statistics will release the November consumer price index on Tuesday, and the Federal Reserve’s policy committee will announce its interest-rate decision on Wednesday.  ( 21 min )

(Bloomberg) -- Asian stocks are set for an early rise as investors ready for a week that includes key US inflation data and the Federal Reserve’s final rate decision of the year among multiple central bank meetings. Most Read from BloombergPenn Leaders Out After Genocide Response, Alumni PressureGlobal Rate-Cut Standoff Looms in 2023 Policy FinaleApps That Use AI to Undress Women in Photos Soaring in UseFed Starts to Confront the Next Big Question: Why to Cut RatesEquity futures in Australia, Ja  ( 36 min )

Macy's shareholders receive an early holiday season gift.  ( 36 min )

Arkhouse Management, a real-estate focused investing firm, and Brigade Capital Management, a global asset manager, submitted a proposal to acquire the Macy’s stock they don’t already own for $21 a share on Dec. 1, WSJ said, citing people familiar with the matter said. The group already has a big stake in Macy's through Arkhouse-managed funds and has discussed the proposal with the department store chain, whose board subsequently met to discuss the offer.  ( 35 min )

Arkhouse Management and Brigade Capital recently submitted a proposal to acquire the famed retailer for $21 a share.  ( 29 min )

(Bloomberg) -- The HTX exchange, a digital-asset trading platform linked to China-born industry mogul Justin Sun, has suffered a $258 million net outflow since resuming operations after suffering a major hack. Most Read from BloombergPenn Leaders Out After Genocide Response, Alumni PressureBig Tech’s Ability to Deliver on AI Profits Looms Over S&P 500Global Rate-Cut Standoff Looms in 2023 Policy FinaleBattery Startup ONE Demotes Founder and CEO During Cash CrunchThe funds left the exchange betwe  ( 34 min )

Bitcoin has been climbing and the tailwinds behind the largest cryptocurrency by market value may continue to drive prices higher into 2024. Coinbase is also sending off a bullish signal.  ( 35 min )

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Incentives on a Tesla Model Y in the company’s inventory are higher than industry averages.  ( 24 min )

Buying Twitter was the biggest gamble of Musk's career. Now he — and his empire — are cracking under the pressure.  ( 40 min )

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Earnings reports from Oracle, Adobe, Costco, Lennar, and Darden Restaurants. Plus, a FOMC interest-rate decision, November CPI data, retail sales, and more.  ( 25 min )

Cigna has called off its deal to buy fellow U.S. health insurer Humana, scrapping a deal that could have created a roughly $140 billion giant in the industry, the Wall Street Journal reported on Sunday. The companies could not come to agreement on price and other financial terms, WSJ said, citing people familiar with the matter. Cigna is turning its focus toward smaller, so-called bolt-on, acquisitions in the near term, the report said.  ( 34 min )

U.S. health insurer Cigna has called off its deal to buy Humana, scrapping a deal that could have created a roughly $140 billion giant in the health-insurance industry, the Wall Street Journal reported on Sunday  ( 34 min )

The health-insurance providers couldn’t agree on financial terms for a deal that would have created a $140 billion giant.  ( 28 min )

As Wall Street looks ahead to 2024, chief strategists are already planning their New Year's resolutions. Stay diversified, pay attention to small-cap stocks, and follow the data were among the themes they offered.  ( 36 min )

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The final Federal Reserve meeting of 2023 will highlight the week for investors with inflation, retail sales, manufacturing activity, and a light corporate calendar also on tap.  ( 38 min )

It's important to plan for your retirement income. One of the most overlooked aspects of retirement planning is that there are two steps to this process. First there's your savings plan – how you will build wealth and set money aside over time. This is, of course, critical. Then, there's your income plan, or how you […] The post How to Create Your Own Retirement Income Plan appeared first on SmartReads by SmartAsset.  ( 36 min )

Reaching the $1 billion valuation milestone — aka, becoming a unicorn — is what startups live for. The number of companies able to claim that title peaked in 2021 and slowed down since the second quarter of 2022, according to a chart created by colleagues Anna Heim, Alex Wilhelm and Miranda Halpern. It hasn’t been much fun for already-minted unicorns either, as both Mary Ann and Rebecca Szkutak reported in December 2022.  ( 38 min )

Interest rate hikes will probably end by next year, but small business owners should be prepared for a consumer slowdown  ( 35 min )

(Bloomberg) -- The fate of the S&P 500 is increasingly resting on whether a handful of the biggest technology companies can parlay artificial intelligence investments into even higher profits.Most Read from BloombergPenn Leaders Out After Genocide Response, Alumni PressureApps That Use AI to Undress Women in Photos Soaring in UseGlobal Rate-Cut Standoff Looms in 2023 Policy FinaleAustralia to Lift Fees for Foreigners Buying Existing HousesThe Record Rush to Buy a Rolex or a Patek Philippe Is Ove  ( 36 min )

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It's a sign of a broken American Dream.  ( 35 min )

(Bloomberg) -- The most important question facing the economy and financial markets next year is not whether the Federal Reserve will cut interest rates. It’s why.Most Read from BloombergPenn Leaders Out After Genocide Response, Alumni PressureApps That Use AI to Undress Women in Photos Soaring in UseGlobal Rate-Cut Standoff Looms in 2023 Policy FinaleAustralia to Lift Fees for Foreigners Buying Existing HousesThe Record Rush to Buy a Rolex or a Patek Philippe Is OverWith inflation having fallen  ( 36 min )

The Securities and Exchange Commission is asking investment advisers how they use and oversee artificial intelligence, as agency head Gary Gensler continues to express skepticism about the technology.  ( 28 min )

New Unilever chief executive Hein Schumacher has only had his feet under the desk for about 100 days, but already he is under pressure.  ( 37 min )

Even if the IRS achieves a 100% collectible rate and closes the estimated $688 billion tax gap, that won’t be enough to meaningfully shrink the US debt gap.  ( 36 min )

The U.S. Treasury prefers its debt sales to be humdrum affairs. Lately, they are sparking fireworks in markets.  ( 28 min )

Automotive supplier Bosch needs to cut up to 1,500 jobs at two of its German sites by 2025 to adapt staffing levels to changing demand and technologies in the auto sector, the company said on Sunday. The workforce reductions were first reported by weekly industry newspaper Automobilwoche. "Like other companies, we have to adjust the level of employment to the order situation, structural changes in the drive sector and the market penetration of future technologies," a spokesperson for Bosch said in e-mailed comments.  ( 33 min )

This week in Borderlands: A Texas company aims to help keep holiday returns out of landfills; a U.S. logistics firm is building a border trade hub in South Texas; a logistics provider snaps up space in the Houston area; and DHL Supply Chain lays off workers in Texas. The post Borderlands: Texas company aims to help keep returns out of landfills appeared first on FreightWaves.  ( 38 min )

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As supply-chain constraints ease and availability improves, costs of electronics, appliances, flights and cars decline. Food prices continue to rise.  ( 30 min )

After boosting interest rates at the fastest pace in four decades, when can the Federal Reserve start lowering them?  ( 25 min )

Semiconductor and EV plants in Central Ohio search for employees amid a manufacturing labor shortage; smaller factories brace for tougher competition.  ( 29 min )

The bulls are coming out in force, and predicting solid gains for the stock market in 2024. In recent forecasts, 5 out of 8 major investment banks are predicting that the S&P 500 will hit 5,000 or better. The most bullish of these, from Tom Lee, head of research at Fundstrat, says that the index will reach as high as 5,200 next year, for a 13.4% gain from current levels. In Lee’s view, the falling rate of inflation, and consequent easing of interest rates and tight money policies, will steer the  ( 37 min )

When it comes to pensions, Jeremy Hunt believes big is beautiful.  ( 37 min )

Huawei Technologies' consumer business head said the company would launch "disruptive" products next year that could "rewrite the history of the industry", months after the US-sanctioned Chinese telecommunications giant surprised the world with the launch of its 5G-capable Mate 60 smartphone series. These products would be "leading, innovative and disruptive", Richard Yu Chengdong, CEO of Huawei's consumer business group and chairman of its intelligent automotive solution business unit, said at  ( 34 min )

(Bloomberg) -- As the carbon offset market gets a new lease on life from the COP28 climate summit in Dubai, bankers from Wall Street and the City of London are positioning themselves to get a chunk of the dealmaking they say is coming.Most Read from BloombergPenn Leaders Out After Genocide Response, Alumni PressureApps That Use AI to Undress Women in Photos Soaring in UseGlobal Rate-Cut Standoff Looms in 2023 Policy FinaleThe Record Rush to Buy a Rolex or a Patek Philippe Is OverAustralia to Lif  ( 38 min )

Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. Bank of America analysts reflected on the news that Meta Platforms Inc (NASDAQ:META) is currently conducting trials of over 20 new GenAI features, focusing on search, chat, and messaging functionalities. The upcoming features are anticipated to enhance Meta's AI personal assistant and text-to-image generation capabilities, making them more seamlessly integrated into the Meta ecosystem.  ( 36 min )

Prices of nuclear commodity at 15-year high as governments scramble to secure sources of fuel for power stations  ( 4 min )

China's securities regulator has published draft rules aimed at slashing trading commissions for mutual funds and addressing the conflict of interest between the securities trading and fund sales businesses of brokerages, the latest reform to the $3.8 trillion mutual fund industry. The China Securities Regulatory Commission (CSRC) said the proposals were designed to protect investors and better regulate the way fund managers allocate trading commissions. The rules, published by the CSRC for public consultation on Friday, are the latest attempt by authorities to revive confidence in the sluggish stock market and comes five months after the regulator urged mutual funds to cut management fees and reduce costs for investors.  ( 34 min )

Stock bull markets helped make boomers rich. High bond yields are helping them retire.  ( 23 min )

Shippers are bucking history and giving carriers more time to pick up their freight in a relatively soft market. What could be causing this and will it stick? The post The one pandemic-era trend that has stuck appeared first on FreightWaves.  ( 35 min )

Een toestroom van arbeidsmigranten kan de groeiende vergrijzing in Nederland niet oplossen. Wel kunnen de migranten de problemen wat dempen, mits ze niet permanent in ons land blijven. Dat meldt de Adviesraad Migratie na onderzoek.  ( 10 min )

Er zijn contouren van een klimaatakkoord in Dubai. De sleutel lijkt dat armere landen steun krijgen bij het uitfaseren van fossiele brandstoffen en bij maatregelen zich aan te passen aan opwarming van de aarde. "Dat moet concreter", denkt Rob Jetten.  ( 12 min )

Hotels spinnen garen bij de kerstdagen die dit jaar op maandag en dinsdag vallen. Families maken gretig gebruik van het langere weekend. Hotelketen Fletcher ziet de groepsboekingen al binnenstromen.  ( 9 min )

De kerstverkopen bij Duitse winkelketens vallen tot dusver tegen, stelt de Duitse winkelbrancheorganisatie HDE zondag na onderzoek onder meer dan 350 winkelbedrijven. Volgens de organisatie gaf bijna 60 procent aan teleurgesteld te zijn over de verkopen van afgelopen week.  ( 8 min )

Servië is vanaf vandaag minder afhankelijk van Rusland voor gas. Een nieuwe gaspijplijn die zondag is geopend zorgt daarvoor. De pijplijn van 170 kilometer loopt van de Servische stad Nis naar de rand van de Bulgaarse hoofdstad Sofia.  ( 8 min )

Servië is vanaf vandaag minder afhankelijk van Rusland voor gas. Een nieuwe gaspijplijn die zondag is geopend zorgt daarvoor. De pijplijn van 170 kilometer loopt van de Servische hoofdstad Niš naar de rand van de Bulgaarse hoofdstad Sofia.  ( 8 min )

Vanaf 1 januari 2024 betaal je een stuk meer voor veel dranken, waaronder ook plantaardige melksoorten. Dat komt doordat de belasting flink omhooggaat: met 17 cent per liter.  ( 9 min )

Mensen die via hun PlayStation-account een Discovery-serie kochten, kunnen die vanaf 2024 niet meer kijken. De aankopen worden van accounts af gehaald en niemand krijgt geld terug. Deskundigen hebben daarom moeite met de koopknop bij digitale aankopen: "Het is misleidend."  ( 11 min )

De topman van het grote Britse chipconcern Arm Holdings maakt zich er zorgen over dat de menselijke controle over kunstmatige intelligentie (AI) verloren kan gaan. Dat heeft Rene Haas gezegd in een interview met persbureau Bloomberg.  ( 9 min )

Sam Altman's sudden dismissal and rehiring whipsawed demand for OpenAI's shares, underscoring the inherent risks of investing in private-market shares.  ( 1 min )

You can be fired for a number of reasons not outlined in your company handbook. Learn about the things that could get you fired beyond theft and lying.  ( 24 min )

A financial planner is an advisor who helps clients manage their financial affairs and work toward their long-term financial goals. Many hold a professional designation.  ( 25 min )

Warrants are issued by companies, giving the holder the right but not the obligation to buy a security at a set price. They're a largely unexploited investment vehicle.  ( 25 min )

Some countries have begun charging a flat tax rate instead of the gradual tax system of the Western world. Review the reasons why the U.S. should and should not switch.  ( 25 min )

The Centers for Medicare & Medicaid Services administers major healthcare programs in the U.S. It is part of the Department of Health and Human Services.  ( 26 min )

Level 2 assets don't have regular market pricing but a fair value can be determined based on other data values or market prices. They're often held by investment firms.  ( 23 min )

The American Opportunity Tax Credit offsets up to $2,500 of annual college expenses such as tuition, school fees, and books. It's a partially refundable credit.  ( 28 min )

Free on board (FOB) shipping dictates the obligations of the parties and the costs each must assume. The two main types of FOB are FOB destination and FOB shipping point.  ( 23 min )

The 16th Amendment, ratified in 1913, allows Congress to levy a tax on income from any source without apportioning it among the states and without regard to the census.  ( 26 min )

Claims have been made that bitcoin prices make big moves during the weekends when trading volumes are low, providing lucrative trading opportunities. Is this true?  ( 23 min )

Companies choose to issue preferred stock for many reasons, including the flexibility of payments and easier marketability. Learn more about preferred stocks.  ( 26 min )

Americans are more confident in their money and are betting on financial plans in 2024, according to research by Fidelity Investments.  ( 19 min )

AGI is your total income modified by deductions. It reduces your taxable income. MAGI adds certain items, such as deductions and excluded income, to your AGI.  ( 27 min )

When Federal Reserve officials meet next week, they’ll almost certainly leave the central bank’s benchmark interest rate unchanged at the level it’s been since July—but despite the lack of action, what policymakers say, or don’t say, could still move markets.  ( 21 min )

Although preferred stock ETFs may pay higher dividends, they also pose risks, including lack of diversification and sensitivity to interest rates.  ( 22 min )

The FTC and 17 attorneys general filed an antitrust lawsuit against Amazon in September, alleging the company uses illegal tactics to stifle competition. The suit accused Amazon of punishing sellers for listing their products for lower prices elsewhere, among other "monopolistic practices."  ( 33 min )

US oil companies are boosting their budgets, and production forecasts indicate new record highs in output next year.  ( 36 min )

Musk played a key role in luring Sutskever to OpenAI before starting xAI, the startup behind ChatGPT rival Grok.  ( 36 min )

The housing market has witnessed an unprecedented surge over the past three years, causing an affordability crisis across the U.S. While the ultra-low interest rates during the COVID-19 era initially sparked demand, the housing sector remained resilient throughout aggressive rate hikes over the past year. While the Federal Reserve easing its stance over the past two months has caused mortgage rates to come down slightly, home prices remain high. This comes as mortgage demand rose to a five-week  ( 35 min )

With high mortgage rates resulting in slower home sales, people aren't moving around as much, which is impacting the demand for self-storage space and resulting in lower asking rates for units. Rental rates dropped 4.1% year over year in October, a slight improvement from an average being down 4.3% throughout the third quarter, according to Yardi Matrix's November National Self Storage Report. Atlanta continued to see some of the weakest performance for rental rates, with a decline of 7.5% year  ( 34 min )

Bill Pulte, heir to PulteGroup Inc, the third largest homebuilder in the U.S., has alleged in a lawsuit that Brandon Jones, the company's former COO, engaged in a bizarre campaign of harassment.The amended lawsuit, filed in the 15th Judicial Circuit, Palm Beach Court, Florida, claims that Jones used X (formerly Twitter) to impersonate the deceased founder of PulteGroup, William J. Pulte, in order to defame and cyberstalk the Pulte family.The details of the lawsuit allege that Jones created multi  ( 36 min )

Claims have been made that bitcoin prices make big moves during the weekends when trading volumes are low, providing lucrative trading opportunities. Is this true?  ( 23 min )

Decent economic growth, moderating inflation, and stock buybacks should pave the way for a big 2024. What could kill the party? Recession.  ( 37 min )

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An individual can protect their assets from Medicaid, including their home, by placing them into a trust. Essentially, the assets become owned by the trust and not by the individual. This mechanism can decrease the individual’s asset count for Medicaid eligibility, presenting a way to potentially conserve wealth and secure necessary medical care. However, like all […] The post Does Putting Your Home in a Trust Protect It From Medicaid? appeared first on SmartReads by SmartAsset.  ( 36 min )

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A House panel has passed a bill that would temporarily expand the standard tax deduction used by the majority of taxpayers by $2,000 per person for the next two years. The Tax Cuts for Working Families Act (H.R.3936) recently approved by … Continue reading → The post Temporary Tax Plan Could Boost Your Standard Deduction By Up to $4,000 appeared first on SmartAsset Blog.  ( 35 min )

The IRS recently announced a major tax enforcement initiative that will increase scrutiny on high-income earners, partnerships and people with foreign bank accounts. The agency said the effort would “restore fairness to [the] tax system” by focusing on wealthy taxpayers who have seen sharp declines in audit rates over the past decade. A financial advisor […] The post The IRS Is Cracking Down on These High-Income Earners. Are You One of Them? appeared first on SmartReads by SmartAsset.  ( 35 min )

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Retirement can seem like a faraway goal until all of a sudden, it's not. When you only have a few years left until you retire, the financial decisions you make take on a new importance. Once you're inside the five-year window, that's a good time to review your plan to make sure you're on track. […] The post How to Master the Last 5 Years Before Retirement appeared first on SmartReads CMS - SmartAsset.  ( 37 min )

David Stephenson is slated to become Airbnb chief business officer January 1, but he will also be CFO through the end of February. His last earnings call as CFO would be in mid-February.  ( 35 min )

Payback is hell. In a turn of the tables, job seekers are increasingly ghosting employers. That’s according to a new report by Indeed, the online job search platform.  ( 37 min )

(Bloomberg) -- Investors are facing a pivotal week as a key measure of inflation that hits Tuesday and the Federal Reserve’s interest-rate decision on Wednesday are expected to set the tone for the stock market and economy heading into 2024.Most Read from BloombergApps That Use AI to Undress Women in Photos Soaring in UseThe Record Rush to Buy a Rolex or a Patek Philippe Is OverApple’s iPhone and Watch Product Design Chief to Leave in Shake-UpStock Faithful Ride $7 Trillion Rally as Market Timin  ( 36 min )

Dec. 31 is a big deadline for borrowers with commercially held federal loans and those in delinquent status.  ( 36 min )

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The share of first-time homebuyers who received down payment gifts or loans from relatives or friends during the homebuying process in 2023 was 23%.  ( 39 min )

(Bloomberg) -- COP28 Daily Reports: Sign up for the Green Daily newsletter for comprehensive coverage of the climate summit right in your inbox.Most Read from BloombergApps That Use AI to Undress Women in Photos Soaring in UsePenn Leaders Out After Genocide Response, Alumni PressureThe Record Rush to Buy a Rolex or a Patek Philippe Is OverApple’s iPhone and Watch Product Design Chief to Leave in Shake-UpAustralia to Lift Fees for Foreigners Buying Existing HousesThe US opted out of a Dutch-led c  ( 34 min )

Jim Grant of Grant's Interest Rate Observer believes it will take years to undo the kinks from a decade of ultra-low interest rates.  ( 38 min )

The dividend will be payable on December 29, 2023, to stockholders of record on December 20, 2023, with an ex-dividend date of December 19, 2023.  ( 36 min )

(Bloomberg) -- At the world’s most important climate summit, the Organization of the Petroleum Exporting Countries — whose members supply almost 30% of the world’s oil — has a pavilion for the first time. Most Read from BloombergPenn Leaders Out After Genocide Response, Alumni PressureApps That Use AI to Undress Women in Photos Soaring in UseGlobal Rate-Cut Standoff Looms in 2023 Policy FinaleThe Record Rush to Buy a Rolex or a Patek Philippe Is OverAustralia to Lift Fees for Foreigners Buying E  ( 38 min )

A lawsuit against a California moving company offers clues on how the EEOC will approach antidiscrimination laws now that Biden’s picks are installed.  ( 30 min )

As much as $1.2 billion is at stake in a lawsuit filed against Berkshire Hathaway by the Haslam family company Pilot Corp.  ( 25 min )

Two years after being told they’d never be “be forced to return to an office”, Nationwide’s 13,000-strong workforce have been slapped with an RTO mandate.  ( 37 min )

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"The more assets you have with us, the more devices you have, the more perks you have, the lower the churn is," Verizon CEO Hans Vestberg said.  ( 35 min )

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(Bloomberg) -- China’s consumer prices fell at the steepest pace in three years while producer costs dropped even further into negative territory, underscoring the challenges facing the economic recovery.Most Read from BloombergApps That Use AI to Undress Women in Photos Soaring in UseThe Record Rush to Buy a Rolex or a Patek Philippe Is OverAmericans Rush to Portugal Ahead of Changes to Expat Tax BreaksApple’s iPhone and Watch Product Design Chief to Leave in Shake-UpHarvard Crisis Grows After  ( 34 min )

When Federal Reserve officials meet next week, they’ll almost certainly leave the central bank’s benchmark interest rate unchanged at the level it’s been since July—but despite the lack of action, what policymakers say, or don’t say, could still move markets.  ( 22 min )

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Nasdaq OMX Armenia provided services to Iran and Iran's state-owned Bank Mellat, it said. "The settlement amount reflects OFAC's determination that Nasdaq's conduct was non-egregious and voluntarily self-disclosed," OFAC said.  ( 34 min )

A new breed of insurer is finding opportunity as larger companies exit some markets .  ( 29 min )

Renewable diesel for trucks is catching on in the two coasts. The trouble: Soaring supply has created a glut that has hit producer margins and stock prices.  ( 39 min )

(Bloomberg) -- DoorDash Inc. will be joining the Nasdaq 100 Index while Zoom Video Communications will be removed as part of the annual makeover of the tech-heavy benchmark. Most Read from BloombergApps That Use AI to Undress Women in Photos Soaring in UsePenn Leaders Out After Genocide Response, Alumni PressureThe Record Rush to Buy a Rolex or a Patek Philippe Is OverApple’s iPhone and Watch Product Design Chief to Leave in Shake-UpAustralia to Lift Fees for Foreigners Buying Existing HousesSpl  ( 35 min )

"We continue to expect stocks to do quite well and we remain overweight equities," Carson Group's Ryan Detrick said.  ( 35 min )

Saudi Arabia could be pushed to flood the oil market with supply in a bid to regain control of prices, one energy expert said.  ( 35 min )

Southwest Airlines flight attendants have voted down a contract offer reached by negotiators for the airline and the union. The local’s president, Lyn Montgomery, said the vote followed five years of negotiations during which the flight crews have not received pay raises. “We will go back to the table to achieve the collective bargaining agreement that meets the needs of the hardest-working flight attendants in the industry,” she said in a statement.  ( 35 min )

Wall Street honchos turned up the heat on Ivy League schools failing to combat antisemitism on campus. Biden wipes out billions in student loans. And McDonald's beefs up chicken fare.  ( 36 min )

The natural gas pioneer’s latest energy venture has been floundering for years.  ( 29 min )

Op de klimaattop in Dubai lijkt steeds meer momentum te ontstaan voor een akkoord over het uitfaseren van fossiele brandstoffen. Er heerst zelfs voorzichtig optimisme, al vinden sommigen dat te vroeg.  ( 11 min )

De Europese Unie kwam vrijdag na een uitzonderlijk lange onderhandeling tot een voorlopig akkoord om de ontwikkeling van kunstmatige intelligentie aan banden te leggen. Vanuit de techindustrie werd zeer veel moeite gedaan om de nieuwe AI-wet iets af te zwakken. Deels met succes, maar de strengste regels bleven overeind.  ( 13 min )

Nu Pakjesavond achter de rug is, is het weer tijd om de kerstboom op te tuigen. Tegenwoordig kun je steeds vaker een 'duurzame' boom kiezen. Maar wat maakt een kerstboom eigenlijk duurzaam?  ( 11 min )

De Amerikaanse autofabrikant Tesla moet fundamentele arbeidsrechten, waaronder collectieve onderhandelingen, respecteren. Dat zegt het Noorse staatsfonds NBIM.  ( 8 min )

Op initiatief van Nederland gaat een coalitie van twaalf landen samenwerken om subsidies op fossiele brandstoffen af te bouwen. Demissionair klimaatminister Rob Jetten kondigde het initiatief zaterdag aan op de klimaattop in Dubai.  ( 10 min )

De provincie Zeeland vraagt ProRail om reizigers die worden getroffen door rituitval en andere verstoringen op het spoor te compenseren. Ook roept de provincie de spoorbeheerder op de problemen zo snel mogelijk op te lossen.  ( 9 min )

China, de op een na grootste economie ter wereld, blijft ook in november in de ban van deflatie. De consumentenprijzen daalden vorige maand met 0,5 procent ten opzichte van een jaar geleden.  ( 9 min )

De internationale treinen tussen Nederland en Duitsland rijden zaterdag weer volgens de normale dienstregeling, laat een woordvoerder van de NS weten. "Er zijn geen treinen uitgevallen en er zijn geen bijzonderheden meer."  ( 8 min )

China, de op een na grootste economie ter wereld, blijft ook in november in de ban van deflatie. De consumentenprijzen daalden vorige maand met 0,5 procent ten opzichte van een jaar geleden.  ( 9 min )

De internationale treinen tussen Nederland en Duitsland rijden zaterdag weer volgens de normale dienstregeling, laat een woordvoerder van de NS weten. "Er zijn geen treinen uitgevallen en er zijn geen bijzonderheden meer."  ( 8 min )

Nadat in de afgelopen dagen veel vluchten van en naar Schiphol waren geannuleerd vanwege de slechte weersomstandigheden, zijn de problemen in het vliegschema zaterdag opgelost.  ( 8 min )

Kinderopvangorganisaties verhogen komend jaar hun prijzen. Gelukkig heeft ook de overheid normbedragen voor de kinderopvangtoeslag verhoogd. Maar dat betekent zeker niet altijd dat je onder aan de streep goedkoper uit bent. Wat kun je doen als je ontevreden bent?  ( 12 min )

Kinderopvangorganisaties verhogen komend jaar hun prijzen. Gelukkig heeft ook de overheid normbedragen voor de kinderopvangtoeslag verhoogd. Maar dat betekent zeker niet altijd dat je onder aan de streep goedkoper uit bent. Wat kun je doen als je ontevreden bent?  ( 12 min )

Na dagen van zware onderhandelingen is Europa eruit. De nieuwe AI-wet die de ontwikkeling van kunstmatige intelligentie in veilige banen moet leiden, ligt klaar. Met een verbod op vergaande gezichtsherkenningssystemen en stevige verplichtingen voor ChatGPT.  ( 11 min )

Extreme uitlatingen over oorlogen, conflicten en politici op sociale media leiden steeds vaker tot conflicten op de werkvloer. Toch is ontslag op staande voet vrijwel onmogelijk, door de vrijheid van meningsuiting.  ( 11 min )

Klanten van de Rabobank konden vrijdagmiddag problemen ondervinden met het afronden van transacties via internetbankieren. De bank werd voor de tweede keer deze week getroffen door een storing. Volgens een woordvoerder van de bank was de storing vrijdagavond rond 22.20 uur verholpen.  ( 8 min )

Extreme uitlatingen over oorlogen, conflicten en politici op sociale media leiden steeds vaker tot conflicten op de werkvloer. Toch is ontslag op staande voet vrijwel onmogelijk, door de vrijheid van meningsuiting.  ( 10 min )

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When Federal Reserve officials meet next week, they’ll almost certainly leave the central bank’s benchmark interest rate unchanged at the level it’s been since July—but despite the lack of action, what policymakers say, or don’t say, could still move markets.  ( 1 min )

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The Grinches in the financial-futures and Treasury market are probably going to be disappointed in the scope of rate reductions from the Federal Reserve.  ( 35 min )

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The Federal Reserve’s last monetary policy meeting of 2023 and a U.S. inflation report in coming days should test a stock market rally that some view as stretched following weeks of gains. Bets the Fed will begin cutting interest rates sooner than expected have fueled a surge in U.S. equities, which received a tailwind from a rapid decline in Treasury yields. The S&P 500 up nearly 20% in 2023 after a monthly gain in November that was its biggest of the year.  ( 36 min )

Today's best CD rates are 5.76% from either TotalDirectBank or Dow Credit Union, or 5.75% from four runners-up. Anyone with a jumbo deposit can earn up to 5.80% APY.  ( 21 min )

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New rules could prevent community lenders from finding a way around financial-crisis era reforms.  ( 31 min )

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Here’s our weekly roundup of the most-read articles at Barron’s Advisor.  ( 22 min )

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(Bloomberg) -- For all the bad things supposedly raining down on Wall Street, it’s shaping up to be a big year for stock bulls who simply sat tight and refused the temptation to outsmart the market.Most Read from BloombergApps That Use AI to Undress Women in Photos Soaring in UseThe Record Rush to Buy a Rolex or a Patek Philippe Is OverApple’s iPhone and Watch Product Design Chief to Leave in Shake-UpAmericans Rush to Portugal Ahead of Changes to Expat Tax BreaksHarvard Crisis Grows After ‘Bizar  ( 37 min )

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Investors are weighing a surprise drop in unemployment in November and other data for what it could mean for Fed policy.  ( 46 min )

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As the holidays approach, if you are in the market for a luxury Swiss watch now might be your best time to buy. Subdial, a watch industry data provider, reported that its Bloomberg Subdial Watch Index fell again for the month of November, down 3% from the prior month and 10% from a year ago to £26,912, or $33,740 - a new two-year low. The Bloomberg Subdial index tracks a basket of the 50 most-sought after watches by value in the second hand or used market, representing brands like Rolex, Patek Philippe, and Audemars Piguet.  ( 36 min )

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Shares of Paramount Global skyrocketed on talk that the entertainment giant might be sold.  ( 18 min )

Euro Pacific Asset Management CEO and Chief Global Strategist Peter Schiff is well known for his predictions of seismic global financial events. In a podcast with Sachs Reality Founder Todd Sachs, Schiff spoke about the impact of government policies in artificially inflating real estate prices. He referred to his past interviews on many legacy news channels, where he spoke about the consequences of keeping "interest rates too low for too long and the moral hazards inherent with Fannie Mae and Fr  ( 37 min )

Although home prices have continued to rise across much of the U.S., homeowners in some states saw their home equity shrink.  ( 34 min )

Bigger was definitely better in 2023, but a coming year of potential Fed rate cuts could change the equation. Why small-cap stocks are likely to benefit.  ( 30 min )

Rate cuts in 2024 could give solar stocks a boost after a difficult year.  ( 36 min )

Gold has sometimes had multiyear stretches of gains. This may be the beginning of just such a period. Inflation, wars, and currency market all could play a role.  ( 32 min )

Bill Ackman, the founder and CEO of Pershing Square Capital Management hedge fund, is known for his eccentric investment strategies and market bets. The Harvard University alum predicted the stock market collapse in March 2020 and made a 100-fold return in just a week as his investment of $27 million in credit protection securities reaped approximately $2.6 billion. More recently, Ackman made a $200 million profit when he closed his position in 30-year U.S. Treasuries in October. While Ackman ha  ( 37 min )

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Apple is less than 1% off its July all-time high. Morgan Stanley sees more upside from the iPhone and the new Vision Pro.  ( 26 min )

The Biden administration’s recent decision to cancel a portion of student loan debt has sparked controversy, with Kevin O’Leary, chairman of O'Leary Ventures and a well-known figure from “Shark Tank,” criticizing the move as “un-American.” O’Leary voiced his disapproval on "FOX & Friends," questioning the fairness of the policy and its impact on different groups of borrowers. The administration announced on Wednesday an additional $4.8 billion in student loan debt relief impacting over 80,000 bo  ( 35 min )

Raised in a storied tobacco family, Cullman spent years selling Marlboros to the world, and decades at the center of the industry’s’ efforts to discredit warnings about cigarettes.  ( 29 min )

Nikola is offering 133.3 million new shares at 75 cents each and issuing $175 million in new debt to scale its fuel cell truck business. The post Investors pummel Nikola shares after new stock and debt sales appeared first on FreightWaves.  ( 35 min )

Paramount stock surged Friday as reports continued to swirl regarding potential M&A deals for the media conglomerate.  ( 36 min )

(Bloomberg) -- Panama’s government formally ordered First Quantum Minerals Ltd. to end all operations at its $10-billion copper mine in the country, according to the Canadian company’s local unit.Most Read from BloombergApps That Use AI to Undress Women in Photos Soaring in UseCarlyle’s Rubenstein Is in Talks to Acquire Baltimore OriolesHunter Biden Indicted in Tax Case as White House Woes MountThe Record Rush to Buy a Rolex or a Patek Philippe Is OverAmericans Rush to Portugal Ahead of Changes  ( 35 min )

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Telecom stocks Ericsson and Nokia were ticking higher after Jefferies analysts said to buy one and hold the other. AT&T has reached a deal with Ericsson to buy up to $14 billion worth of network equipment over five years.  ( 23 min )

PepsiCo, Inc. (NASDAQ:PEP) closed at $168.90 on Dec. 1, 2023. The New York-headquartered food and beverage company has a market capitalization of $232.2 billion. PepsiCo's yield is 2.99%, and the dividend payout is $5.04. The American multinational company filed its 10-Q report on Oct. 10, 2023. In the 12 weeks ending on Sept. 9, 2023, the company declared dividend expenses of $1,748 million, 9.7% higher than the same period in the preceding year. For the 36 weeks that ended on Sept. 9, 2023, th  ( 36 min )

Rates on 30-year mortgages have plummeted over the last few weeks—with another dip Thursday sinking the average to its lowest level since mid-August.  ( 21 min )

The CEO of Taiwan Semiconductor Manufacturing Co. says the surging demand for AI chips is creating new problems for the semiconductor industry.  ( 22 min )

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If you had $5 million, you could buy about five median-priced homes in San Diego or pay for approximately 91 years of tuition at Harvard University. It's also the amount “Shark Tank” star Kevin O’Leary recommended his YouTube audience have in their bank accounts for financial security. Don’t Miss: Can you guess how many Americans successfully retire with $1,000,000 saved? The percentage may shock you. The average American couple has saved this much money for retirement — How do you compare? Livi  ( 35 min )

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Managing your taxes can be one of the most complex aspects of estate planning and a new IRS rule change continues that trend. The rule, published at the end of March, changes how the step-up in basis applies to assets held in an irrevocable trust. If you need help interpreting the IRS rule change or setting […] The post Want to Leave Assets to Heirs? IRS Rule Change Should Have You Rethinking Your Irrevocable Trust appeared first on SmartReads CMS - SmartAsset.  ( 35 min )

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Investment analysts at Morgan Stanley have raised their target price for Apple based on the outlook for Services, iPhone 15 gross margins, and high consumer interest in Vision Pro.  ( 37 min )

(Bloomberg) -- The US plans to hold monthly tenders to buy oil for its strategic petroleum reserve through at least May as the Biden administration moves ahead with plans to refill the caverns that currently sit near the lowest levels in 40 years. Most Read from BloombergCarlyle’s Rubenstein Is in Talks to Acquire Baltimore OriolesApps That Use AI to Undress Women in Photos Soaring in UseHunter Biden Indicted in Tax Case as White House Woes MountElon Musk's SpaceX Valued at $175 Billion or More  ( 34 min )

Retirement age is different for Social Security vs. 401(k) and IRA distributions. Here's how to maximize your benefits.  ( 36 min )

The Central American nation led by Nayib Bukele is partnering with the controversial stablecoin Tether on the initiative.  ( 34 min )

Emphasizing the importance of financial education and preparedness, "Rich Dad Poor Dad" author Robert Kiyosaki expressed concerns about the current financial system and societal structures in the U.S. in a YouTube video titled "Robert Kiyosaki Exposes The System That Keeps You Poor & The Downfall of The USA." In the video, interviewer Rob Moore asked Kiyosaki, “Is the money system rigged?” Kiyosaki replied, “You want to get me in trouble, don’t you.” He then elaborated, saying, “We’re at the end  ( 35 min )

AMD stock has rallied this week as investors cheered its ambitions in artificial intelligence. But the stock looks pretty pricey.  ( 23 min )

No matter how you slice it, our world runs on energy. While the social and political pressures are pushing toward a transition to a green economy, with an emphasis on renewable energy sources such as wind and solar power, the fact is that we are still dependent on fossil fuels – and will be for the foreseeable future. For investors, that makes energy stocks a solid choice. These companies deal in an essential product, and technological advances in geology, drilling, and pumping permit them to ta  ( 38 min )

Friday, Carrier announced the sales of its global access solutions business for $5 billion.  ( 22 min )

(Bloomberg) -- Anglo American Plc plunged the most since March 2020 after unveiling plans to cut drastically the amount of commodities it mines in a bid to slash costs amid logistical and operational snarls at its operations.Most Read from BloombergCarlyle’s Rubenstein Is in Talks to Acquire Baltimore OriolesHunter Biden Indicted in Tax Case as White House Woes MountApps That Use AI to Undress Women in Photos Soaring in UseElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferThe Reco  ( 36 min )

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Summit Insight Group analyst Kinngai Chan upgraded Broadcom stock to Buy from Hold.  ( 22 min )

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Investors are weighing a surprise drop in unemployment in November and other data for what it could mean for Fed policy.  ( 39 min )

The November jobs report released Friday will be a key test for the stock market.  ( 38 min )

The November jobs report released Friday will be a key test for the stock market.  ( 37 min )

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The CFO reshuffle comes after boss Daniel Ek announced the company’s biggest-ever layoffs to return to its roots as a lean and scrappy underdog.  ( 36 min )

The November jobs report released Friday will be a key test for the stock market.  ( 47 min )

Required minimum distributions, or "RMDs," are the government's way of getting its tax money back on retirement accounts. Starting at age 73, anyone with a pre-tax retirement account such as an IRA or a 401(k), must begin must begin withdrawing a minimum amount from this account each year. This triggers a tax event, generating the income […] The post I'm 75 and Still Working. Can I Avoid Taking RMDs? appeared first on SmartReads by SmartAsset.  ( 36 min )

The security business makes products including electronic locks for big companies, hotels and hospital chains.  ( 29 min )

Hong Kong’s flagship carrier Cathay Pacific said Friday it has ordered six freighter aircraft from Airbus, in a blow to Boeing.  ( 19 min )

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Companies like ExxonMobil, Shell, and Kraft Heinz enjoyed bumper profits as consumers struggled with historic inflation.  ( 36 min )

Despite Musk's notoriety and inflammatory comments, Tesla is humming along. But all of the distractions like X/Twitter are actually having some effects, key investors say.  ( 36 min )

(Bloomberg) -- Japan’s currency advanced and shares fell as traders ratcheted up bets that the Bank of Japan is nearing the end of its negative interest rate policy.Most Read from BloombergCarlyle’s Rubenstein Is in Talks to Acquire Baltimore OriolesElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferHarvard, Penn Heads Walk Back Genocide Answers After BacklashWall Street’s AI Craze Drives Nasdaq 100 Up 1.5%: Markets WrapHunter Biden Indicted in Tax Case as White House Woes MountThe  ( 37 min )

China's imports of semiconductor-manufacturing equipment, the prime target of the United States government's updated tech export controls, surged in value by nearly 80 per cent in October from a year earlier, according to the mainland's latest customs data. Imports of various chip-making tools - including those used to manufacture silicon wafers, integrated circuits (ICs) and flat-panel displays - totalled US$4.3 billion in October, up from US$2.4 billion in the same period last year, customs da  ( 36 min )

Shares of tobacco companies Altria and British American Tobacco are yielding nearly 10%.  ( 26 min )

Higher interest rates are here to stay. How retirees should respond.  ( 44 min )

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s sales slid back into contraction last month following October gains, showing there’s still a way to go before the global chip market stages a full recovery from a prolonged slump.Most Read from BloombergCarlyle’s Rubenstein Is in Talks to Acquire Baltimore OriolesElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferHunter Biden Indicted in Tax Case as White House Woes MountHarvard, Penn Heads Walk Back Genocide Answers After Bac  ( 35 min )

Declining use of tobacco could cause burn out  ( 4 min )

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(Bloomberg) -- Chinese stock benchmarks are approaching key technical levels amid a relentless selloff, and a tumble below the thresholds may point to further losses ahead. Most Read from BloombergCarlyle’s Rubenstein Is in Talks to Acquire Baltimore OriolesElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferHarvard, Penn Heads Walk Back Genocide Answers After BacklashHunter Biden Indicted in Tax Case as White House Woes MountWall Street’s AI Craze Drives Nasdaq 100 Up 1.5%: Markets  ( 35 min )

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RH (NYSE: RH) shares are trading lower after the company reported worse-than-expected third-quarter financial results. Here's a look at some of the metrics driving the move. What To Know: RH reported quarterly adjusted losses of 42 cents per share, well below the analyst consensus estimate of 97 cents, compared to earnings of $5.67 per share from the same period last year. Quarterly sales of $751.23 million missed the Street's estimate of $756.74 million, a 13.56% decrease over sales of $869.07  ( 35 min )

Today's best CD rates are 5.76% from either TotalDirectBank or Dow Credit Union, or 5.75% from four runners-up. Anyone with a jumbo deposit can earn up to 5.80% APY.  ( 19 min )

Meme coins are a popular type of cryptocurrency actively supported by enthusiastic followers, though the currency may hold little intrinsic value.  ( 24 min )

Find out which developed-market ETFs manage the greatest asset base, and why major U.S. equity-only funds are not included in the calculation.  ( 22 min )

Several central banks have turned to zero interest-rate policy to aid economic recovery in the years following the financial crisis. ZIRP comes with both pros and cons.  ( 26 min )

Vertex Pharmaceuticals and CRISPR Therapeutics received regulatory approval for the first gene-editing therapy using CRISPR technology in the U.S.  ( 18 min )

Surprisingly, opening a Swiss bank account is not that much different from opening a standard bank account.  ( 23 min )

The process for filing for student loan bankruptcy is more complex than the process for discharging other types of debt. Learn how to file and what debt qualifies.  ( 32 min )

The S&P 500 gained 0.4% on Friday, Dec. 8, 2023, as reports on employment and inflation expectations helped boost optimism that the economy won't crash.  ( 18 min )

Small Business Saturday, on the Thanksgiving holiday weekend, is meant to encourage consumers to shop at locally owned businesses.  ( 24 min )

Personal loans can provide access to funds you might need. However, not everyone can qualify for personal loans. Here are some alternatives to a personal loan that might help you access the money you need for emergencies or other purposes.  ( 29 min )

The Internal Revenue Service (IRS) is the U.S. federal agency that oversees the collection of taxes—primarily income taxes—and the enforcement of tax laws.  ( 29 min )

Personal loans and credit cards both offer a way to borrow funds, but there have different advantages and risks. Learn how these two funding sources compare.  ( 27 min )

Personal loans may be used for almost any purpose and are sometimes a good option, but they can be expensive, and there are often better alternatives.  ( 25 min )

If you are seeking a personal loan, be aware of these eight potential pitfalls before you proceed.  ( 23 min )

Taking out a personal loan can affect your credit score in a number of ways⁠—both good and bad. Repaying it in a timely manner is key to a healthy score.  ( 26 min )

Find out whether interest on personal loans is tax-deductible and what types of loan interest can be used to reduce your taxable income.  ( 25 min )

Personal loans are not considered income and cannot be taxed unless the loan is forgiven.  ( 26 min )

While personal loan balances will vary among different kinds of borrowers, Americans on average have approximately $11,548 in personal loan debt as of Q2 2023.  ( 24 min )

Generally, personal loans cannot be transferred to another person, but mortgages and car loans can be exceptions to the rule.  ( 24 min )

Most U.S. businesses are not using artificial intelligence to produce goods and services despite investors’ interest in the technology.  ( 19 min )

Looking for the latest TD Bank CD rates? Our guide covers the current rates, term lengths, and minimum deposit requirements, helping you make an informed decision.  ( 21 min )

Balance transfers and personal loans can help improve your finances, but they are different products. A balance transfer focuses on moving your debt from one creditor to another, usually for a lower interest rate, while a personal loan is a new debt.  ( 28 min )

CDs can be a great way to get a fixed guaranteed return on your investment. See if State Farm’s CDs—offered through U.S. Bank—make sense for you and your money.  ( 25 min )

When it comes to weighing whether a bank or a credit union would be better for getting a personal loan, the answer will largely depend on your financial circumstances and personal preferences.  ( 26 min )

Wells Fargo CD rates are tiered for most of their terms and require a relatively high minimum deposit. Here's what to know before you open a CD with the bank.  ( 20 min )

USAA Bank offers many competitive CD options that consumers can choose from to fit their financial goals. Find out if USAA Bank CDs are right for you.  ( 21 min )

Personal loans are a type of funding that usually includes a fixed interest rate, which is typically lower than what’s offered by most credit cards.  ( 26 min )

Funds in a money market account may earn a higher rate of interest than in a savings account because of the underlying securities of the money market fund.  ( 25 min )

Considering a new certificate of deposit (CD) account? Learn more about Truist Bank’s CD, its terms, rates, account features, and early withdrawal penalties.  ( 20 min )

There are plenty of purposes of a $5,000 personal loan, with top options including debt consolidation and financing large purchases.  ( 25 min )

If you want to put some money away for savings, Synchrony Bank’s CD accounts have some of the most competitive rates on the market. See if Synchrony’s CD is the right fit for you.  ( 23 min )

Some small business owners don’t have the capital to get their companies off the ground. In these cases, it might make sense to take out either a personal or business loan, depending on their needs.  ( 26 min )

You may know Sallie Mae as the bank that services your student loan, but it also offers other banking products, like CDs. Learn more about Sallie Mae’s CD rates.  ( 20 min )

It’s possible to get a personal loan for $500, but some lenders have higher minimum loan limits. Learn more about personal loan limits.  ( 26 min )

Industrialization is the process by which an economy moves from agrarian production to mass-produced, technologically-advanced goods, improving standards of living.  ( 23 min )

First Republic Bank’s CD rates are relatively high, but they have a high minimum balance requirement as well. Learn more and see if First Republic is right for you.  ( 21 min )

You can use a personal loan to pay for a wedding or any wedding-related cost, before or after your wedding. Learn how personal loans work and what they can cover.  ( 26 min )

Certificates of deposit (CDs) can be a great, conservative way to invest your money. Edward Jones is worth considering for its competitive CD rates at a variety of term lengths.  ( 22 min )

Citizens Bank offers a 14-month certificate of deposit (CD) account with a decent APY. Learn more about its features and how to open a new account.  ( 20 min )

CDs can be a great tool for a temporary conservative investment, but rates vary widely. Citibank has a variety of CD options, some with competitive rates.  ( 21 min )

Personal loans provide borrowers with an initial lump sum to pay off over time, while credit builder borrowers pay the loan first and receive the money later.  ( 27 min )

Buying a condominium (condo) means buying a residence and partial ownership of communal property within a condo development.  ( 27 min )

You'll generally need a credit score of at least 580 to get a personal loan, but a better score will entitle you to better terms.  ( 26 min )

A certificate of deposit (CD) can be a great way to secure your savings and grow your finances. Learn what CIT Bank CD Rates are and how you can benefit.  ( 22 min )

Learn about Chase Bank's CD rates and how they compare to the competition. Make informed decisions and see if you can maximize your returns with Chase Bank's CD options.  ( 20 min )

A personal loan allows you to borrow money and repay it over time. Here’s what a personal loan is, how it works, and how to use one.  ( 27 min )

Capital One offers a solid certificate of deposit (CD) account, with a variety of term lengths, good rates, and no minimum deposit required.  ( 21 min )

Barclays doesn’t offer many CD options, but it does offer competitive rates for certain terms. See Barclays’ CD rates, terms, and features to see if it’s the right fit for your savings.  ( 20 min )

Ally Bank CD rates are competitive, and there is no minimum deposit required to open. Several term options, as well as a special no-penalty CD, are available.  ( 21 min )

Vanguard offers brokered CDs through various banks with competitive rates and a wide range of terms. Learn all the details here.  ( 21 min )

Shiba Inu is an Ethereum-based altcoin that features the Shiba Inu hunting dog as its mascot and is considered an alternative to Dogecoin by its community.  ( 27 min )

Shares of Paramount Global skyrocketed on talk that the entertainment giant might be sold.  ( 18 min )

A certificate of deposit is a good way to save money, especially when interest rates are high or rising. Learn about Third Federal Savings & Loan’s CD rates, term lengths, and more.  ( 21 min )

If you don't pay cash, financing real estate abroad is likely to cost more than at home. Watch for local laws and be sure your rights are protected.  ( 28 min )

Credit score requirements for personal loans vary by lender, but borrowers with good or excellent credit typically have a better chance of qualifying for the best rates and terms.  ( 26 min )

Discover how to draft a personal loan agreement with our in-depth guide. Learn the best practices for creating legally sound arrangements between borrower and lender.  ( 28 min )

While there are several kinds of personal loans that are easy to get approved for, these tend to be more costly than a traditional personal loan.  ( 26 min )

Markets in California, New Jersey and Illinois are the most at risk for housing declines as foreclosures, unemployment and underwater mortgages add pressure.  ( 20 min )

Successful real estate investors are more than just landlords—they are also savvy business executives. Find out how you can make a sound investment with purpose.  ( 29 min )

Reselling Christmas toys and gifts may put a few extra dollars in your pocket, but it isn’t going to replace your primary source of income.  ( 29 min )

A co-signer agrees to take responsibility for your loan if you don’t make payments. As a result, if your credit is less than perfect, a co-signer might help you qualify for a personal loan.  ( 26 min )

Even though some lenders might provide you with a loan when you have a 450 credit score, you might have to pay high interest rates and fees, and these loans can be risky.  ( 26 min )

Learn about SEC Form 10-Q, a comprehensive report of a company's business and financial performance submitted to the SEC quarterly by all public companies.  ( 25 min )

Find out what economists mean by physical capital, how it contributes to the productivity of labor, and why it is a crucial element in economic activity.  ( 22 min )

Even if REITs are already part of your investment portfolio, senior housing REITs might be a smart addition, provided you are aware of the risks.  ( 26 min )

JPMorgan Chase CEO Jamie Dimon has made seemingly contrasting statements regarding crypto over the years, but his general thesis has been unwavering.  ( 20 min )

Honeywell moved to expand its building automation offerings by purchasing Carrier's security unit for $4.95 billion.  ( 18 min )

The home mortgage interest deduction (HMID) is one of the most cherished American tax breaks but the myth is often better than reality when you look at the numbers.  ( 28 min )

Four crypto-focused companies including Riot Platforms Inc. and Coinbase Global Inc. have more than quadrupled so far this year amid the broader crypto market rally.  ( 20 min )

In addition to federal income tax, most Americans pay various local taxes assessed by a state, county, or town to fund public services.  ( 23 min )

Lululemon reversed earlier losses to reach a record high in intraday trading after the retailer reported earnings that beat estimates, though its outlook missed analyst projections.  ( 20 min )

Target-date and index funds are difficult to compare because they differ in both structure and objective, though investors can compare two specific funds.  ( 21 min )

A range of online companies offer personal loans for $35,000 or more with reasonable rates and terms.  ( 26 min )

If you have poor credit, having a co-signer can make it easier for you to qualify for a personal loan, but they'll be responsible for the debt should you default.  ( 26 min )

These loans both offer one-time, lump-sum payments, but they differ in their structure, approval process, interest rates, and potential amounts.  ( 27 min )

Credit union personal loans often have benefits like lower interest rates, more flexible terms, and lower minimum requirements. Here’s how they work.  ( 27 min )

Take our quiz to learn whether you're suited for a line of work in financial planning. You never know.  ( 26 min )

Learn how to fill out a personal loan application so that you’re better prepared to get approved—and get your money—faster.  ( 28 min )

U.S. equities advanced at midday on Friday, Dec. 8, 2023 as reports on job creation, unemployment, and consumers’ outlook suggested the economy could avoid a hard landing.  ( 18 min )

Credit denial is the rejection of a credit application by a prospective lender, usually due to its assessment that the applicant is not creditworthy.  ( 22 min )

Shares of RH, the upscale furniture retailer formerly known as Restoration Hardware, slid 14% Friday morning after the company adjusted its full-year sales and margin guidance as a deep freeze in the housing market spilled over into furniture sales.  ( 19 min )

As gas prices fall, consumers across a range of demographics had better expectations of inflation, helping drive overall consumer sentiment higher in December.  ( 19 min )

Investments that promise high returns with little risk are everyone's dream—but they could also be a Ponzi scheme. Here's how to protect yourself.  ( 25 min )

Tax accounting refers to the rules, procedures, and processes undertaken by an accountant to prepare tax returns and payments for businesses and individuals.  ( 26 min )

Halloween strategy is a trading tactic, which posits that stocks perform better from Oct. 31 to May 1 than they do during the rest of the year.  ( 25 min )

Personal loans for health care workers offer fixed rates and monthly payments, making them a predictable and affordable option to consider.  ( 26 min )

The U.K.'s competition regulator said it's gathering information to determine whether Microsoft's OpenAI partnership could impact competition.  ( 18 min )

Personal loans for healthcare workers offer fixed rates and monthly payments, making them a predictable and affordable option to consider.  ( 26 min )

Rates on 30-year mortgages have plummeted over the last few weeks—with another dip Thursday sinking the average to its lowest level since mid-August.  ( 19 min )

A substantially identical security is one that is so similar to another that the Internal Revenue Service does not recognize a difference between them.  ( 24 min )

Profit margins on collectibles are slim, but that needn't deter those with a passion for eras past.  ( 28 min )

Many of the arguments for and against immigration focus on the economic impact of the legislation, including the effect on job availability, job growth, and wages.  ( 28 min )

A tax base is the total amount of assets, income, and economic activity that can be taxed by a government or other tax authority.  ( 26 min )

Check out the current Bread Savings CD rates and see how they compare to the competition. Maximize your savings with flexible and secure CD investments at Bread.  ( 21 min )

Gold prices have surged recently, and the World Gold Council's 2024 outlook suggests that economic conditions will continue supporting the precious metal's price in the months ahead.  ( 20 min )

If you're on Social Security and need to borrow money, a personal loan could be the answer. But you also have options.  ( 22 min )

Funeral loans, or personal loans to cover funeral expenses, are available for those who need them. Here's what you need to know if you have bad credit and need help paying for a funeral.  ( 25 min )

Tax-efficient investing can minimize your tax burden and maximize your returns. Find out why tax-efficient investing is important and how it can save you money.  ( 28 min )

Getting a personal loan while unemployed could be a little difficult. But there are other ways to prove an income even if you don't have a job.  ( 25 min )

Tesla faces mounting pressure in the Nordic region as it lost its case against Swedish postal service PostNord and dockworkers in Finland said they would join a port blockade against the EV maker.  ( 19 min )

Comparing APRs, required minimum credit scores, term lengths, and fees can help you find the best loan and lender for your needs.  ( 25 min )

Wedding loans come with fixed interest rates and payments, which makes them a smart choice compared to other forms of borrowing.  ( 26 min )

Compare the best mortgage and refinance rates today evaluated by our experts for the various types of mortgages and personalized factors to find the best rate for your financial situation.  ( 33 min )

The Catalog of Federal Domestic Assistance (CFDA) was a compendium of assistance programs offered by U.S. government agencies to the American public.  ( 24 min )

The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 20-year mortgage rates, all collected here.  ( 26 min )

The right mortgage can make your dream of owning a home a reality. We researched and collected the best 15-year loan offers.  ( 29 min )

The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 10-year mortgage rates, all collected here.  ( 27 min )

The labor market may not be red hot anymore, but it’s staying comfortably warm for workers, by historical standards.  ( 20 min )

The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best jumbo mortgage rates, all collected here.  ( 32 min )

The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 30-year mortgage rates, all collected here.  ( 18 min )

Compare mortgage refinance rates across 18 different products, from 30-year fixed rates to 5/6 ARMs and everything in between.  ( 32 min )

Learn how a simplified employer pension (SEP) IRA works. Find out who qualifies to participate and what advantages it offers for retirement planning.  ( 26 min )

More older Americans are taking out or co-signing loans to help their kids and grandkids pay for college. It doesn’t always work out well.  ( 26 min )

These 3 stocks made significant moves on Thursday. We look at the reasons why and identify important chart levels to watch.  ( 21 min )

Find out how restricted stock and restricted stock units (RSUs), which are forms of executive compensation, work and how to deal with the tax consequences of them.  ( 26 min )

Apple is looking to expand its production in India and the U.S. government is expected to report the economy added jobs in November while the unemployment rate remained steady. Here’s what investors need to know today.  ( 20 min )

A tax deed is a legal document that grants ownership of a property to a government entity when the property owner falls into arrears on property taxes.  ( 27 min )

Greece defaulting on its debt was astounding and left many wondering how Greece’s situation became so dire.  ( 25 min )

Learn about three of the most common ETFs that track the oil and gas drilling sector: the XOP, the IEO and the PXE. Explore different ETF performance records.  ( 24 min )

Learn how new financial products are created and find their way to the trading floor. The 10 steps outlined here are essential to the creation of a new financial product.  ( 23 min )

Vertex Pharmaceuticals and CRISPR Therapeutics received regulatory approval for the first gene-editing therapy using CRISPR technology in the U.S.  ( 1 min )

Shares of Paramount Global skyrocketed on talk that the entertainment giant might be sold.  ( 1 min )

Honeywell moved to expand its building automation offerings by purchasing Carrier's security unit for $4.95 billion.  ( 1 min )

Lululemon reversed earlier losses to reach a record high in intraday trading after the retailer reported earnings that beat estimates, though its outlook missed analyst projections.  ( 1 min )

Shares of RH, the upscale furniture retailer formerly known as Restoration Hardware, slid 14% Friday morning after the company adjusted its full-year sales and margin guidance as a deep freeze in the housing market spilled over into furniture sales.  ( 1 min )

Tesla faces mounting pressure in the Nordic region as it lost its case against Swedish postal service PostNord and dockworkers in Finland said they would join a port blockade against the EV maker.  ( 1 min )

Keep updated on the latest events that are effecting markets, the economy, and your portfolio.  ( 1 min )

The S&P 500 gained 0.4% on Friday, Dec. 8, 2023, as reports on employment and inflation expectations helped boost optimism that the economy won't crash.  ( 1 min )

U.S. equities advanced at midday on Friday, Dec. 8, 2023 as reports on job creation, unemployment, and consumers’ outlook suggested the economy could avoid a hard landing.  ( 1 min )

The U.K.'s competition regulator said it's gathering information to determine whether Microsoft's OpenAI partnership could impact competition.  ( 1 min )

Gold prices have surged recently, and the World Gold Council's 2024 outlook suggests that economic conditions will continue supporting the precious metal's price in the months ahead.  ( 1 min )

These 3 stocks made significant moves on Thursday. We look at the reasons why and identify important chart levels to watch.  ( 1 min )

Stock futures fell in premarket trading Friday after data suggested the U.S. labor market remains strong, a blow to investors betting the Fed will cut interest rates sooner than expected to support a rapidly weakening economy.  ( 1 min )

Apple is looking to expand its production in India and the U.S. government is expected to report the economy added jobs in November while the unemployment rate remained steady. Here’s what investors need to know today.  ( 1 min )

Bouwbedrijven Ballast Nedam en TAV slepen Schiphol voor de rechter vanwege een langlopend conflict over een onafgemaakte klus. De bedrijven zouden een nieuwe pier bouwen, maar Schiphol haalde ze van het project.  ( 9 min )

De Palestijnse Gebieden hebben dit jaar voor het eerst een paviljoen op de klimaattop in Dubai. Maar door de oorlog konden veel afgevaardigden niet afreizen. "Helaas moesten de meesten uit Gaza komen", zegt een lid van de delegatie tegen NU.nl.  ( 10 min )

Vlaamse sluiswachters gaan na bijna vijf dagen weer aan het werk. Hoewel de onderhandelingen over arbeidsvoorwaarden nog lopen, komt de wilde staking ten einde. Binnenvaartschippers wachten in spanning af of de sluizen daadwerkelijk weer opengaan.  ( 9 min )

Wopke Hoekstra heeft vrijdag op de klimaattop in Dubai benadrukt dat er wereldwijd tandjes bij moeten om op koers te blijven voor de klimaatdoelen. "We moeten stoppen met fossiele brandstoffen, punt uit", zei de kersverse klimaatman van de Europese Commissie.  ( 11 min )

Over de terugkeer van presentator Matthijs van Nieuwkerk op tv is veel te doen. Wij vragen ons af: hoe ga je als werkgever om met iemand die wordt beschuldigd van wangedrag?  ( 9 min )

Klanten van de Rabobank kunnen vrijdagmiddag problemen ondervinden met het afronden van transacties via internetbankieren. De bank is voor de tweede keer deze week getroffen door een storing.  ( 8 min )

De 54 winkels van Perry Sport, Aktiesport en Sprinter zijn ondanks het faillissement nog gewoon open. Volgens de curator van de ketens zijn de schappen nog behoorlijk vol. Maar klanten kunnen geen online bestellingen meer doen en ook geen artikelen terugbrengen of ruilen.  ( 8 min )

Luchtvaartmaatschappijen op Schiphol annuleren vrijdag 117 vluchten vanwege de mist. Het is de tweede dag op rij dat vliegtuigen aan de grond blijven vanwege het weer.  ( 8 min )

Luchtvaartmaatschappijen op Schiphol annuleren vrijdag 44 retourvluchten vanwege de mist. Het is de tweede dag op rij dat vliegtuigen aan de grond blijven vanwege het weer.  ( 8 min )

Zo'n tweehonderd binnenvaartschepen liggen nog steeds vast in Vlaanderen vanwege een staking van sluiswachters. Op de vijfde dag van de staking moet de brandweer eraan te pas komen om schippers van vers drinkwater te voorzien.  ( 10 min )

De prijs van olie op de wereldmarkt daalt al zeven weken achter elkaar. Het is voor het eerst in vijf jaar dat de olieprijs zo veel weken achter elkaar daalt. De prijzen aan de pomp dalen ondertussen mee.  ( 9 min )

Luchtvaartmaatschappijen op Schiphol annuleren vrijdag 44 retourvluchten vanwege de mist. Het is de tweede dag op rij dat vliegtuigen aan de grond blijven vanwege het weer.  ( 8 min )

Kies een nieuwe televisie niet uit op basis van de apps die erop staan, adviseren experts. De kans is groot dat apps na een paar jaar niet meer werken, doordat de tv-fabrikant of appmaker jouw televisie niet meer ondersteunt.  ( 10 min )

Zowel de CEO als de risicodirecteur van de Volksbank heeft besloten om op te stappen. Topman Martijn Gribnau vertrekt in april na vier "mooie tropenjaren" bij het moederbedrijf van onder meer SNS en ASN Bank.  ( 9 min )

Privéberichten op Facebook en chatgesprekken via Facebook Messenger worden voortaan versleuteld. Daardoor kunnen alleen de verzender en ontvanger berichten lezen. Volgens moederbedrijf Meta zijn de berichtenfuncties op het socialemediaplatform daarmee veiliger.  ( 9 min )

De EU-lidstaten zijn het na maanden van overleg nog niet eens over nieuwe regels die moeten voorkomen dat landen diep in de schulden raken en andere landen daarin meetrekken. Maar volgens de Europese ministers van Financiën is een deal nabij.  ( 10 min )

KLM wil dat Wiebe Draijer, de oud-topman van Rabobank, de nieuwe voorzitter van de raad van commissarissen wordt. De rvc heeft er vrijdag al mee ingestemd, maakt de luchtvaartmaatschappij bekend. Draijer moet de huidige voorzitter Cees 't Hart opvolgen.  ( 8 min )

Werkenden zijn afgelopen kwartaal gemiddeld 48 van de 1.000 dagen ziek geweest (4,8 procent). Dat is minder dan in dezelfde periode in 2022. Maar het langdurig verzuim neemt juist toe, ziet de arbodienst.  ( 9 min )

Van de consumenten die al naar een nieuwe zorgverzekering op zoek zijn, kiezen er nu minder voor een extra hoog eigen risico. Ze lijken dit jaar minder gretig naar de premiekorting die je ervoor terugkrijgt. Deze groep is bij Independer bijna gehalveerd.  ( 11 min )

Werkenden zijn afgelopen kwartaal gemiddeld 48 van de 1.000 dagen ziek geweest (4,8 procent). Dat is minder dan de vijftig dagen van dezelfde periode in 2022. Ook in het eerste en tweede kwartaal was het verzuim al lager dan een jaar eerder.  ( 8 min )

Van de consumenten die al naar een nieuwe zorgverzekering op zoek zijn, kiezen er nu minder voor een extra hoog eigen risico. Ze lijken dit jaar minder gretig naar de premiekorting die je ervoor terugkrijgt. Deze groep is bij Independer bijna gehalveerd.  ( 11 min )

Onder de 198 landen die zijn vertegenwoordigd op de klimaattop in Dubai zijn tientallen landen die volledig uit eilanden bestaan. Een stijgende zeespiegel en extreem weer bedreigt hun voortbestaan. "We hopen op snelle klimaatactie, onze overlevingskans hangt ervan af."  ( 11 min )

(Bloomberg) -- Broadcom Inc., which just completed the acquisition of VMware Inc. for more than $60 billion, posted its slowest sales growth since 2020 as the chipmaker tries to pull out of an industrywide slump. Most Read from BloombergElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferCarlyle’s Rubenstein Is in Talks to Acquire Baltimore OriolesWall Street’s AI Craze Drives Nasdaq 100 Up 1.5%: Markets WrapApple Readies New iPads and M3 MacBook Air to Combat Sales SlumpHarvard, Pe  ( 35 min )

Today's best CD rates are 5.88% for 7 months from West Town Bank & Trust, 5.80% for 18 months from Seattle Bank, and 5.80% on a jumbo option from All In Credit Union.  ( 21 min )

The IRS sent out 20,000 correspondence letters disqualifying these taxpayers from claiming the Employee Retention Credit, or ERC.  ( 36 min )

(Bloomberg) -- One of the biggest US public pensions lost most of its private equity team after the fund made changes that would crimp the group’s ability to allocate to the alternative asset class.Most Read from BloombergCarlyle’s Rubenstein Is in Talks to Acquire Baltimore OriolesElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferHunter Biden Indicted in Tax Case as White House Woes MountHarvard, Penn Heads Walk Back Genocide Answers After BacklashWall Street’s AI Craze Drives Na  ( 34 min )

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In this piece, I evaluated two cryptocurrency stocks, Coinbase (NASDAQ:COIN) and Riot Platforms (NASDAQ:RIOT), using TipRanks’ comparison tool to determine which is better. A closer look suggests a bearish view for Coinbase and a bullish view for Riot Platforms. Coinbase operates the largest cryptocurrency exchange platform in the U.S. by trading volume, while Riot Platforms is a bitcoin mining and digital infrastructure company. Shares of Coinbase have soared 66% over the last three months and  ( 37 min )

Stiff employer competition for workers should keep salary increases modestly ahead of inflation next year.  ( 34 min )

If you want to earn a high yield on your cash savings or a CD, but feel most comfortable sticking to a big bank with a familiar name, here are your best options.  ( 21 min )

(Reuters) -Chipmaker Broadcom forecast annual revenue below Wall Street estimates on Thursday, hurt by weak enterprise spending and stiff competition in the networking chips space. Shares of the San Jose, California-based company, which recently closed its acquisition of cloud computing firm VMware, fell more than 1% in extended trading. In fiscal 2024, the company expects revenue of about $50.0 billion including contribution from VMware.  ( 34 min )

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Speaking out for the first time since the shake-up at OpenAI, ex–board member Helen Toner told her side of the story in an interview with the Wall Street Journal.  ( 35 min )

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Investors' use of tax-loss harvesting involves knowing both the positives and the negatives.  ( 27 min )

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Wall Street is worried about the company’s recent results, but Siebel says he sees opportunity to grab share.  ( 26 min )

Coca-Cola Co. (NYSE:KO) was priced at $58.67 at the end of trading hours on Dec.1. With a market capitalization of $256.6 billion, the stock price fluctuated between a 52-week high of $64.99 and a 52-week low of $51.55. Coca-Cola has a dividend yield of 3.14%. In October, the company's board declared a dividend of $0.46 per share payable on Dec.15. In the nine months ending Sept. 29, the dividend expenses were $4.078 billion, $168 million more than the dividend payments for the same period last  ( 36 min )

GameStop shares (GME) rose, shrugging off early declines, as investors digested quarterly results that included a 9% drop in quarterly sales and narrowing losses. The stock was recently up a bit more than 6%. For the latest quarter: Net sales were $1  ( 24 min )

Elon Musk is once again targeting Disney CEO Bob Iger.  ( 37 min )

The newly unveiled menu includes a large variety of creative new drinks and some never-before-seen food items.  ( 35 min )

Fundstrat's Tom Lee projects the benchmark index will end 2024 at 5,200 as inflation keeps subsiding and the US economy skirts recession.  ( 36 min )

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Rivian (RIVN) stock is on the move higher today with a new bull joining the herd.  ( 35 min )

J.P. Morgan analyst Seth Seifman looked at the profitability of the 737 MAX in a recent report. There is no profitability—yet.  ( 27 min )

Fresh labor market data is again the focus for investors, though hints the BOJ could exit its ultraloose rates policy was rattling nerves.  ( 42 min )

Microsoft Corp. (NASDAQ:MSFT) and Meta Platforms Inc. (NASDAQ:META) are two of the world's most well-known tech companies. For this reason, it's natural for both to receive an extraordinary amount of attention from investors. No two companies are the same regarding stock market returns. If you want to improve your chance of future success, you need to review past performance. If you want to diversify your portfolio, consider investing in startups in addition to publicly traded companies. You can  ( 34 min )

Ark Investment Management, led by well-known investor Cathie Wood, sold more than 700,000 shares of Grayscale Bitcoin Trust (GBTC) last month. The holdings equate to more than $21 million and were offloaded under Ark's Next Generation Internet exchange-traded fund (ETF) (ARKW). This is a significant portion of the fund’s $1.14 billion in holdings, so it is worth considering the underlying reasons. Ark is an asset management company that offers a variety of securities, ranging from technology-dri  ( 34 min )

In the wake of Charlie Munger's death, the investment world, particularly in China, is reflecting on his legacy. Li Lu, the "Chinese Warren Buffett," hailed Munger as an "enlightened sage," likening him to historical figures of wisdom and virtue. The respect Munger gained in China highlights his global influence. Tesla Inc. CEO Elon Musk may not share the same sentiment. Musk’s business and investment methods differ from Munger’s and Warren Buffett’s approaches. Don’t Miss: Get equity and front  ( 35 min )

Nvidia’s main rival, Advanced Micro Devices, made its case this week on why customers should buy its artificial-intelligence chips. But BofA Global Research isn’t too concerned about Nvidia’s latest competition.  ( 22 min )

Mercon Coffee Group, one of the world's largest coffee traders, has filled for bankruptcy protection in the United States due to what it defined as "exceptionally challenging operating environment", according to a document seen by Reuters. Mercon, which has operations in all the major producing regions including Brazil, Vietnam and Central America, said in a letter sent to clients that problems in recent years such as the logistical disruption during the pandemic, frost and drought in Brazil, sustained price volatility and rising interest rates all combined to hurt the company's financial situation. In the letter, signed by Mercon's Chief Executive Oscar Sevilla, the company said that lenders have elected "not to extend credit agreements, resulting in extremely tight working capital conditions".  ( 33 min )

Three-fourths of the stocks that make up the S&P 500 notched gains on Thursday. Three stood out: Walgreens Boots Alliance, Advanced Micro Devices, and Alphabet. They are the top three leaders on Thursday and they couldn’t be more different. Alphabet and AMD are growth stocks or expensive stocks as  ( 16 min )

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Investing money can help you build wealth, but taxes can take a big bite out of your earnings. Following a buy, borrow, die strategy is one way to minimize your tax liability and preserve more of your wealth. The concept … Continue reading → The post Buy, Borrow, Die: How the Rich Avoid Taxes appeared first on SmartAsset Blog.  ( 37 min )

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Vladimir Putin and the leader of Saudi Arabia have urged members of the Opec+ oil cartel to follow through with an agreement to cut supplies as oil prices plunge.  ( 34 min )

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Campbell Soup Co (NYSE: CPB) reported better-than-expected first-quarter earnings and reaffirmed FY24 guidance. Campbell Soup reported a first-quarter FY24 sales decline of 2% year-on-year to $2.52 billion, in line with analyst expectations. Adjusted EPS of 91 cents beat the analyst consensus of 88 cents, according to Benzinga Pro. With the recent buzz around Campbell Soup following strong earnings, some investors may be eyeing potential gains from the company’s dividends too. As of now, Campbel  ( 35 min )

CosMC's is "what would happen if a McDonald's character from the 1980s that was part alien, part surfer, part robot" opened a restaurant, its CEO said.  ( 34 min )

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Advanced Micro Devices received some approving nods from Wall Street on the heels of its artificial intelligence event, thanks in particular to interest from tech giants like Microsoft and Meta Platforms.  ( 22 min )

JetBlue Airways shares rose after the airline lifted its outlook for fourth-quarter sales, saying that demand for travel is holding up and bookings have accelerated into the holidays. The airline is forecasting a 4% to 7% drop in fourth-quarter sales from a year ago, compared with a previous foreca  ( 24 min )

Tesla lost a legal battle with Sweden's postal service on Thursday as a fight with Nordic trade unions escalates. A Swedish court said PostNord does not for the time being need to deliver licence plates to Tesla that are being blocked by the postal service's workers, in the latest twist in a fight over collective bargaining agreements. Tesla is facing growing pressure in Sweden, Norway and Denmark from unions backing Swedish IF Metall's mechanics who went on strike on Oct. 27 demanding a collective agreement with the company.  ( 34 min )

Fresh labor market data is again the focus for investors, though hints the BOJ could exit its ultraloose rates policy was rattling nerves.  ( 36 min )

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Vanguard is pushing deeper into active management with the launch today of its second active bond exchange-traded fund. A third will follow later this month.  ( 29 min )

The exit of a Johnson & Johnson exec raises an age-old question about women's ambition.  ( 36 min )

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(Bloomberg) -- In the runup to GameStop Corporation’s earnings report, one of its most-traded options was a contract that will make money if the stock rallies about 760% over the next six weeks. Most Read from BloombergElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferApple Readies New iPads and M3 MacBook Air to Combat Sales SlumpTreasury Yields Climb as BOJ Jitters Rattle Globe: Markets WrapBiden Moves to Forgive Nearly $5 Billion in Student LoansDimon Says He Would Shut Down Cr  ( 35 min )

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Analysts continue to point to the long-term potential of the enterprise AI software developer.  ( 24 min )

Donating money to charities you care about feels good. It can also lower your tax bill by reducing your taxable income in an amount equal to the amount you give. A number of rules and restrictions govern how much you can give and how you can do it, though. Understanding how this works so you […] The post I'm Not Sure How Giving to Charity Can Reduce My Taxes. Is It Really Worth It? appeared first on SmartReads by SmartAsset.  ( 35 min )

Fresh labor market data is again the focus for investors, though hints the BOJ could exit its ultraloose rates policy was rattling nerves.  ( 36 min )

We have a second home – a condo in the mountains – that was bought with cash for $295,000 approximately six years ago. It’s now worth at least $500,000. We are considering selling as our use is declining and maintenance costs and special assessments of the three-building complex are increasing. What are the options to […] The post Ask an Advisor: How Do We Reduce Our Tax Bill When We Sell Our Second Home? We Bought It 6 Years Ago for $295k and Now It’s Worth $500k appeared first on SmartReads by  ( 36 min )

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Weaker spending by enterprises grappling with high interest rates has hurt the broader software industry but AI has remained a bright spot. The AI application software firm said on Wednesday it was seeing sales cycles prolonging as customers created new governance functions to approve AI applications before use, effectively delaying clients' decision making process. The average rating of 14 analysts covering the stock is "hold", and their median price target is $28, according to LSEG.  ( 34 min )

Here are stocks making moves on Thursday.  ( 24 min )

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Bitcoin’s return, oil drops below $70 a barrel, AMD showcases new AI chips, and other news to start your day.  ( 39 min )

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This past November looked like a typical December — low volatility and a lot of gains. This December, however, with a few big economic moments, might be a little different this year.  ( 36 min )

That's how market value Alibaba (BABA) has lost since a peak in October 2020, according to FactSet. Here's a detailed look at what is troubling the Chinese e-commerce giant:  ( 22 min )

A declining share of people who retired early during the pandemic say they'll come back to work. Don't look to this group to help fix labor shortages  ( 36 min )

AT&T (T) had a streak of 36 consecutive annual dividend increases that ended in conjunction with its spinoff of the Warner business, and its desire to pay down debt, notes Ben Reynolds, growth and income specialist and editor of Sure Dividend.  ( 34 min )

(Bloomberg) -- Moody’s Investors Service advised its staff in China to work from home ahead of its announcement this week cutting the outlook for sovereign bonds to negative in the world’s second largest economy, the Financial Times reported. Most Read from BloombergElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferApple Readies New iPads and M3 MacBook Air to Combat Sales SlumpGlobal Bonds Power Ahead as Dovish Bets Take Hold: Markets WrapKevin McCarthy Leaving House Months After  ( 34 min )

(Bloomberg) -- Shares fell across Asia following declines on Wall Street, pressured by weak oil prices and concerns about China’s fiscal health. Treasuries slid after rallying on fresh signs of US labor market softness.Most Read from BloombergElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferApple Readies New iPads and M3 MacBook Air to Combat Sales SlumpGlobal Bonds Power Ahead as Dovish Bets Take Hold: Markets WrapKevin McCarthy Leaving House Months After Ouster as SpeakerHarvar  ( 36 min )

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times  ( 4 min )

Tens of billions of dollars have all gone to money heaven, spent by EV startups that don't have profits on their near-term horizons.  ( 29 min )

Bitcoin (BTC)'s recent aggressive rebound has dealt a devastating blow to short sellers of crypto stocks, resulting in losses exceeding $2.6 billion in less than three months.  ( 34 min )

The 30-year fixed mortgage rate has plunged by 69 basis points in a five-week period, its sharpest such drop since late 2008.  ( 33 min )

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US crude prices plunged below $70 a barrel on Wednesday, while brent dropped to $74 as the global demand outlook falters.  ( 35 min )

Hardship personal loans are personal loans that are available to borrowers who are facing financial difficulties. Learn about various programs that offer financial help.  ( 28 min )

While there are plenty of good reasons to take out a personal loan, thanks in large part to their versatility, there are also a few scenarios where it might be a bad idea.  ( 27 min )

Explore the pros and cons of using a personal loan to fund your education. Discover whether taking on debt is a wise choice for your academic journey.  ( 28 min )

Today's best CD rates are 5.88% for 7 months from West Town Bank & Trust, 5.80% for 18 months from Seattle Bank, and 5.80% on a jumbo option from All In Credit Union.  ( 19 min )

When you apply for a personal loan, you’re usually asked what the funding’s purpose is. The reason why you’re borrowing could impact the terms you’re offered on your loan.  ( 25 min )

Buying an engagement ring is a major step in a relationship. If you don’t have money saved up, you may want to get a personal loan to buy an engagement ring.  ( 25 min )

A mortgage is a type of loan used to buy real estate, while personal loans are similar but aren’t restricted to real estate. Here’s what you need to know about a personal loan vs. a mortgage.  ( 27 min )

Home improvement loans can come in the form of a personal loan, but it's also possible to fund home-related projects with other kinds of loans.  ( 25 min )

A personal loan will briefly affect your credit score both when you take one out and when you pay it off. Longer-term impacts can result from how well (or how poorly) you manage your debt.  ( 25 min )

With so many different ways to pay for school, you might look into taking out a personal loan as a student. You might even be able to pay for school using a personal loan, but should you?  ( 27 min )

While a debt consolidation loan can be a personal loan, business debt consolidation loans are also available. Additionally, there are more kinds of personal loans than just debt consolidation loans.  ( 25 min )

A personal loan contract and a personal loan agreement accomplish the same task: helping you understand the terms of a money-lending contract.  ( 25 min )

If you want to learn how to pay off a personal loan faster with a calculator, there are a few ways to use it to find out what works best for you.  ( 25 min )

While easier to get, payday loans are almost always more expensive than personal loans and have short repayment times. Opt for a personal loan, if possible.  ( 26 min )

U.S. consumers are still spending freely, and they’re using their credit cards to do it.  ( 20 min )

Not for profit refers to a type of organization or enterprise that does not earn profits for its owners.  ( 29 min )

Personal loans with low monthly payments can help you consolidate high-interest debt or pay for large purchases.  ( 27 min )

The consequences for failing to manage your personal loan properly can be severe. Fortunately, there are a few simple things you can do to stay on top of your debt.  ( 24 min )

Travel expenses are costs incurred while traveling specifically for the purpose of conducting business-related activities.  ( 23 min )

AbbVie plans to buy Cerevel Therapeutics for $45 per share in a $8.7 billion deal to diversify its portfolio and strengthen its neuroscience drug pipeline.  ( 18 min )

Divorce loans can be used to cover a variety of expenses related to the end of a marriage, including legal bills, court fees, and more.  ( 24 min )

SNAP is available in all 50 states plus the District of Columbia. The size of a monthly SNAP benefit depends on income, household size, and certain expenses.  ( 27 min )

If you want to earn a high yield on your cash savings or a CD, but feel most comfortable sticking to a big bank with a familiar name, here are your best options.  ( 19 min )

It is possible—but difficult—to get a $100,000 personal loan. Even the best personal loan providers don’t typically offer loans of more than $50,000.  ( 25 min )

If you owe money to the IRS, you have options to help with repayment. Either an IRS payment plan or taking out a personal loan could work, depending on your financial situation.  ( 27 min )

With instant personal loans, you may be able to get your funds on the same day when you apply for the loan. However, a number of factors can delay the process.  ( 25 min )

The S&P 500 added 0.8% on Thursday, Dec. 7, 2023, snapping a three-day losing streak amid excitement in the tech sector over new artificial intelligence (AI) products.  ( 18 min )

Personal loans are flexible and can be used for many purposes. However, there are some risks involved with using personal loans.  ( 28 min )

You may not find a personal loan for $200,000, but you can still find a large personal loan. Learn how to improve your chances of getting approved for a large loan.  ( 24 min )

Discover the viability of using a personal loan to finance your car purchase. Learn about the advantages and potential drawbacks.  ( 26 min )

Is it possible to have more than one personal loan at once? Yes, it is. However, the number of personal loans you can have at once is limited by your lender.  ( 25 min )

Personal loans are available for consumers who went through bankruptcy, but they tend to be expensive.  ( 27 min )

A noncovered security is an SEC designation under which the cost basis of securities that are small and of limited scope may not be reported to the IRS.  ( 24 min )

Take-Two Interactive stock was downgraded by Bank of America on concerns about when the new Grand Theft Auto VI video game will be released.  ( 18 min )

The Investopedia Anxiety Index is a gauge of investor sentiment based on the behavior of over 20 million Investopedia readers around the world.  ( 22 min )

Amazon is dropping PayPal-owned Venmo as a way for customers to pay for purchases, and shares of PayPal moved lower.  ( 18 min )

While using a CPN may seem like a good option to help you disguise your bad credit, it’s illegal to use one in place of your Social Security number when applying for a loan.  ( 23 min )

Making small extra monthly payments to your principal loan amount can accelerate your loan term, lowering the amount you spend on interest. Here's how to pay off debt faster.  ( 23 min )

Why would a personal loan be declined? Understand the main reasons that you may not have been approved for a personal loan, and how to improve your chances.  ( 24 min )

Find out how you can obtain dental insurance as part of a health plan or as a stand-alone product through the Health Insurance Marketplace.  ( 24 min )

Investors' use of tax-loss harvesting involves knowing both the positives and the negatives.  ( 27 min )

A personal loan agreement document can provide you with protection when you loan money. Use our step-by-step guide on how to write a personal loan agreement.  ( 26 min )

Ledger wallets are hardware devices that enable offline cryptocurrency transactions.  ( 25 min )

If you’ve been waiting for home loans to get cheaper before buying a house or refinancing a home loan, mortgage rates are headed in the right direction.  ( 18 min )

Start here to research states with the heaviest tax burdens. The charts below compare them by income tax, sales tax, and property tax.  ( 25 min )

Uncertainty around SEC cryptocurrency regulations presents a challenge to financial advisors. Here are some tips to navigate the current environment.  ( 36 min )

A non-governmental organization (NGO) is a non-profit entity that functions independently of government. Despite their independence from government, many NGOs receive government funding.  ( 24 min )

More and more motorists in the middle part of the country and the southeast are seeing a welcome sight: per-gallon gas prices that start with “$2.”  ( 19 min )

A flow-through entity is a legal business entity that passes income on to the owners and/or investors of the business. Learn more about how it works.  ( 26 min )

An index fund is a pooled investment vehicle that passively seeks to replicate the returns of some market indexes.  ( 31 min )

GameStop missed revenue estimates for the third quarter as sales declined in three of its four global markets, but it reported cutting expenses.  ( 18 min )

Tax implications vary for government bonds, municipal bonds, and corporate bonds.  ( 25 min )

JetBlue shares soared after the airline lowered its full-year loss guidance because of booming demand for tickets.  ( 20 min )

Flexible spending accounts (FSAs) can be used for qualified medical expenses, which typically include preventive care and other non-cosmetic dental procedures.  ( 23 min )

A rise in tech stocks on enthusiasm about artificial intelligence sent U.S. equities higher at midday on Thursday, Dec. 7, 2023.  ( 18 min )

Mortgage rates have plummeted over the last few weeks—falling Tuesday to their cheapest levels since August, and since then moving only minimally higher.  ( 19 min )

Form 1040-V: Payment Voucher is sent to the IRS along with a tax return when submitting payment with a check or money order.  ( 25 min )

Four Chinese banks top the list as the largest in 2023.  ( 23 min )

If you're thinking about early retirement, you need to budget, save, invest, and plan ahead. Find out how to retire early so you can enjoy a longer retirement.  ( 26 min )

New technologies are reshaping the financial services landscape but where will the financial world go next?  ( 23 min )

Chase Bank offers two savings accounts to its customers with below-average interest rates, but the bank has other financial services worth considering.  ( 22 min )

If you can't decide whether to build your rainy day fund or pay off debt, we weigh the options for you.  ( 28 min )

AMD shares surged a day after the company launched its latest AI chip, with Microsoft, Meta, and OpenAI all set to use it.  ( 19 min )

When two partners in a household both work and have no children, it is called "dual income, no kids" (DINK) Learn more about how the financial impact of DINKs.  ( 25 min )

The massive Baby Boomer generation is now retiring in droves. Will they bankrupt the Social Security system?  ( 27 min )

You can open a Roth 401(k) if your employer offers one as part of its retirement-plan choices. You can also have both a Roth and a traditional 401(k).  ( 26 min )

The limit for contributions to traditional and Roth IRAs for 2024 is $7,000, plus an additional $1,000 if the taxpayer is age 50 or older.  ( 30 min )

The Mumbai Interbank Forward Offer Rate (MIFOR) was a rate that Indian banks used to set prices on forward-rate agreements and derivatives.  ( 24 min )

If your employer allows it, it’s possible to get money out of a 401(k) plan before age 59½. This option generally comes at a hefty cost, though.  ( 26 min )

TEFRA is a federal law enacted in 1982 to increase revenue through a combination of spending cuts, tax increases, and tax reform measures.  ( 25 min )

One of America's youngest senators ever and its oldest president, Joe Biden's story includes his accomplishments, life-altering tragedies, and an ambitious vision for America's future.  ( 36 min )

BOX, DAL, and MPC all made noteworthy chart moves Wednesday. Here's why.  ( 20 min )

The withholding allowance is an exemption that reduces how much income tax an employer deducts from an employee’s paycheck based on personal exemptions. As of 2018, withholding allowances are no longer used on Form W-4.  ( 26 min )

A corporation is a legal entity that is separate and distinct from its owners and has many of the same rights and responsibilities as an individual.  ( 25 min )

Through these regulations, the Reserve Bank of India steers India's banking sector away from risk and toward its goals for India's economy and society.  ( 27 min )

What is socialist economics in the context of Cuba, China, and North Korea?  ( 28 min )

A debt avalanche is an accelerated system of paying down debt that is based on paying the loan with the highest interest rate first. Learn how to use the debt avalanche.  ( 26 min )

AMD shares rose after revealing its latest AI chip, with Meta, Microsoft and OpenAI all saying they would use it, and GameStop shares fell after the video game retailer reported lower-than-expected revenue. Here’s what investors need to know today.  ( 20 min )

A revoked IRA is a retirement savings account that is canceled by the account holder seven days or less after it was established.  ( 25 min )

Here is a plan for how to ensure that early retirement isn't just a pipe dream.  ( 25 min )

Property tax abatements can increase your home's value without increasing your property taxes.  ( 25 min )

As economies have grown and increased, the rate at which countries produce waste has risen.  ( 22 min )

There are a variety of options to consider when rolling over your 401(k) account into an IRA. Learn how to preserve your tax benefits and avoid any penalties.  ( 32 min )

You can invest in both a traditional IRA and Roth IRA if you're eligible and your total contribution doesn't exceed the annual IRS limits.  ( 25 min )

AbbVie plans to buy Cerevel Therapeutics for $45 per share in a $8.7 billion deal to diversify its portfolio and strengthen its neuroscience drug pipeline.  ( 1 min )

Take-Two Interactive stock was downgraded by Bank of America on concerns about when the new Grand Theft Auto VI video game will be released.  ( 1 min )

JetBlue shares soared after the airline lowered its full-year loss guidance because of booming demand for tickets.  ( 1 min )

AMD shares surged a day after the company launched its latest AI chip, with Microsoft, Meta, and OpenAI all set to use it.  ( 1 min )

The S&P 500 added 0.8% on Thursday, Dec. 7, 2023, snapping a three-day losing streak amid excitement in the tech sector over new artificial intelligence (AI) products.  ( 1 min )

A rise in tech stocks on enthusiasm about artificial intelligence sent U.S. equities higher at midday on Thursday, Dec. 7, 2023.  ( 1 min )

BOX, DAL, and MPC all made noteworthy chart moves Wednesday. Here's why.  ( 1 min )

Stocks futures were mixed in premarket trading, with the S&P 500 and Nasdaq 100 on track to open higher while the Dow lagged.  ( 1 min )

AMD shares rose after revealing its latest AI chip, with Meta, Microsoft and OpenAI all saying they would use it, and GameStop shares fell after the video game retailer reported lower-than-expected revenue. Here’s what investors need to know today.  ( 1 min )

Een wekenlange staking van een aantal Zweedse medewerkers van Tesla krijgt steeds meer bijval. Na steun vanuit Denemarken heeft nu ook een grote Noorse vakbond acties aangekondigd. Daarnaast gaat een groot Deens pensioenfonds zijn belang in Tesla verkopen.  ( 9 min )

Zo'n driehonderd binnenvaartschepen, waaronder Nederlandse, komen maar mondjesmaat vooruit door een al dagen durende wilde staking van sluiswachters in Vlaanderen. De schippers zijn het wachten zat en komen nu zelf ook in opstand.  ( 9 min )

KLM heeft donderdag 66 retourvluchten geschrapt vanwege de zware mist op Schiphol. Dat komt neer op zo'n 130 heen- en terugvluchten.  ( 8 min )

KLM heeft voor donderdag 66 retourvluchten geschrapt om de zware mist op Schiphol. Dat komt neer op zo'n 130 heen- en terugvluchten.  ( 8 min )

Het bouwen van zonneparken en windmolens op land wordt op steeds meer plekken lastig. Dat komt doordat er te weinig ruimte is, doordat het stroomnet vol is, of door strengere regels, meldt het Planbureau voor de Leefomgeving donderdag.  ( 9 min )

De Amerikaanse Senaat heeft een wetsvoorstel voor een nieuw miljardenpakket voor Oekraïne en Israël geblokkeerd. Republikeinen eisen eerst strengere maatregelen bij de grens tussen de Verenigde Staten en Mexico.  ( 10 min )

Internationale treinen naar Duitsland, Oostenrijk en Zwitserland rijden donderdagavond en vrijdag niet door een staking op het Duitse spoor. Ook regionale treinen van Heerlen naar Aken vallen dan uit.  ( 9 min )

Een op de zes huiseigenaren heeft voor de aankoop van hun woning, naast de hypotheek bij de bank, ook geld geleend bij familie. De Nederlandsche Bank hekelt dat die leningen huizenprijzen opdrijven.  ( 10 min )

Lonen in cao's stijgen dit jaar gemiddeld met 7,1 procent. Die flinke loonstijgingen zijn niet vol te houden, stellen werkgeversverenigingen. Ze willen dat bedrijven meer geld overhouden om te investeren.  ( 9 min )

Een op de zes huiseigenaren heeft voor de aankoop van hun woning, naast de hypotheek bij de bank, ook geld geleend bij familie. De Nederlandsche Bank hekelt dat die leningen huizenprijzen opdrijven.  ( 10 min )

Nederlanders hebben in oktober voorzichtig aan gedaan met de uitgaven. De consumptie daalde in vergelijking met een jaar eerder licht, blijkt uit nieuwe cijfers van statistiekbureau CBS. We kochten vooral minder eten en drinken.  ( 8 min )

De waarde van huurwoningen daalt dit jaar en volgend jaar, verwachten vastgoedexperts van ABN AMRO. Volgens de bank hakken de overheidsplannen om huren strenger te begrenzen er flink in en zijn huurwoningen lastiger te financieren.  ( 9 min )

Landen zijn nog ver van een overeenkomst over het aanpakken van klimaatverandering op de klimaattop in Dubai. Verder dan een "grabbelton aan wensen" zijn de onderhandelaars niet gekomen.  ( 12 min )

SpaceX's current valuation of about $150 billion makes it one of the most valuable private companies in the world. Billionaire investor Ron Baron, who according to CNBC owns more than $1 billion worth of shares in the rocket company, last month said that SpaceX will be worth about $500 billion by 2030. SpaceX did not immediately respond to a Reuters request for comment.  ( 33 min )

It marks the second large deal for AbbVie in the past week, coming days after it agreed to buy cancer drug developer ImmunoGen for $10.1 billion in cash, highlighting its appetite to place big bets on promising new medicines. It is paying $45 per share in cash for Cerevel, which is developing drugs for Alzheimer's, Parkinson's, psychosis, epilepsy, and panic disorder. Its experimental drug emraclidine is in midstage trials as a treatment for schizophrenia that will yield data the company hopes can be used to seek regulatory approval.  ( 34 min )

(Bloomberg) -- C3.ai Inc. reported quarterly revenue that fell short of analysts’ estimates and gave an outlook for an operating loss in the fiscal year that was worse than projected. The shares dropped about 9% in extended trading.Most Read from BloombergApple Readies New iPads and M3 MacBook Air to Combat Sales SlumpElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferGlobal Bonds Power Ahead as Dovish Bets Take Hold: Markets WrapKevin McCarthy Leaving House Months After Ouster as  ( 35 min )

Today's best CD rates are 5.88% for 7 months from West Town Bank & Trust, 5.80% for 18 months from Seattle Bank, and 5.77% for 11 months from West Town Bank & Trust.  ( 21 min )

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Muddy Waters believes the ‘perfect macro storm’ of high interest rates and office vacancies is coming for Blackstone Mortgage Trust.  ( 35 min )

Lithium Americas (NYSE:LAC) (TSE:LAC), a North American lithium company, could be sitting on the world’s largest lithium reserve. The company is better positioned to cash in on the transition to vehicle electrification following its October split from Lithium Argentina. As a “pure-play” miner with rights to the reserve and backing from General Electric (NYSE:GE), LAC offers an opportunity to gain exposure to lithium as it prepares for major construction. Despite its stock price being down 44% si  ( 36 min )

(Bloomberg) -- Nikola Corp. shares plunged after the electric vehicle manufacturer announced plans to issue $100 million in new shares and $200 million in so-called green convertible senior notes due in 2026.Most Read from BloombergApple Readies New iPads and M3 MacBook Air to Combat Sales SlumpGlobal Bonds Power Ahead as Dovish Bets Take Hold: Markets WrapBiden Says He Might Not Have Sought Reelection If Trump Weren’t RunningKevin McCarthy Leaving House Months After Ouster as SpeakerHarvard, Pe  ( 34 min )

The beverage-focused, multiple drive-through concept aims to compete with Starbucks and other takeaway drinks chains.  ( 28 min )

When analysts initiate coverage on a stock, it means they will begin to provide research on it and make investment recommendations for it for the first time. It typically leads to an increase in trading volume and interest among investors. It can help shares of those stocks to move higher. Typically, analysts initiate coverage on two or three similar stocks at a time. But consider this somewhat unusual scenario where a single analyst initiated coverage on eight different mortgage real estate inv  ( 37 min )

AbbVie will acquire neuroscience-drug maker Cerevel Therapeutics Holdings for $45 a share, giving the company an equity value of about $8.7 billion.  ( 28 min )

Chewy shares are trading 8.1% lower at $17.78.  ( 20 min )

The indicted senator expressed staunch support for the CFPB, which is under a legal threat of its own.  ( 36 min )

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Conservative and liberal justices seemed to take a middle-of-the-road position in oral arguments this week in a closely watched tax case.  ( 22 min )

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(Bloomberg) -- President Joe Biden moved to forgive $4.8 billion in student loans Wednesday, providing relief to more than 80,000 borrowers including public sector employees and Americans who have been repaying their federal debts for decades.Most Read from BloombergBiden Says He Might Not Have Sought Reelection If Trump Weren’t RunningGlobal Bonds Power Ahead as Dovish Bets Take Hold: Markets WrapTruck-Stop Billionaire Fights Warren Buffett to Increase $18 Billion Fortune Kevin McCarthy Leaving  ( 33 min )

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Shopify Inc (NYSE: SHOP) stock is trading lower Wednesday after Wedbush analyst Ygal Arounian downgraded the stock from Outperform to Neutral and raised the price target from $66 to $68. The re-ratings followed the Shopify's Investor Day. Oppenheimer analyst Ken Wong reiterated an Outperform with a price target of $80. Wong walked away from Shopify's Investor Day more confident that management will pursue durable growth in a disciplined manner and remain committed to margin expansion. Despite re  ( 35 min )

(Bloomberg) -- Advanced Micro Devices Inc. Chief Executive Officer Lisa Su introduced a new line of so-called AI accelerator chips and predicted that the market for such products could explode to more than $400 billion in the next four years. Most Read from BloombergBiden Says He Might Not Have Sought Reelection If Trump Weren’t RunningTreasury Frenzy Drives 10-Year Yield Below 4.2%: Markets WrapTruck-Stop Billionaire Fights Warren Buffett to Increase $18 Billion Fortune S&P 500 Erases ADP-Fuele  ( 34 min )

The JPMorgan CEO's comments to the Senate are just his latest tirade against crypto. His position is a bit ironic given the bank's own embrace of technology.  ( 34 min )

(Bloomberg) -- Carson Block said he’s short Blackstone Mortgage Trust, saying the publicly traded real estate investment trust is exposed to a perfect storm of economic conditions hitting commercial real estate and may face a liquidity crisis. Most Read from BloombergBiden Says He Might Not Have Sought Reelection If Trump Weren’t RunningTreasury Frenzy Drives 10-Year Yield Below 4.2%: Markets WrapTruck-Stop Billionaire Fights Warren Buffett to Increase $18 Billion Fortune S&P 500 Erases ADP-Fuel  ( 35 min )

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The new iPad Air will have two sizes for the first time, while the Pro model of the device will be fitted with OLED screens, the report said. It added the MacBook Air will come with the speedier M3 processor that is designed in-house. Apple did not immediately respond to a Reuters request for comment.  ( 34 min )

A container ship has crashed into a bridge in the Suez Canal, the vital trade route between Asia and Europe.  ( 59 min )

Brokerages SoFi Securities, Public and M1 Finance misled millions of investors about their securities-lending programs, according to the Financial Industry Regulatory Authority. In such programs, brokerages make money by loaning out investors’ shares to third parties including short sellers, who be  ( 25 min )

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Plug Power stock has already been beaten up, but Morgan Stanley sees further concerns for the clean energy company’s future.  ( 20 min )

Anti-woke and anti-ESG claims are so integral to the wider Ramaswamy brand that they earned him the title 'CEO of Anti-Woke, Inc.' in the media.  ( 35 min )

In one of his last public appearances, Charlie Munger discussed a range of investment topics, including his approach to value investing. Munger, Warren Buffett's long-time business partner who died on Nov. 28, shared his insights on the Acquired Podcast. Known for his frank and straightforward style, Munger drew from the teachings of Benjamin Graham, the pioneer of value investing. Don’t Miss: Join the ranks of investors like Bill Gates and Mark Cuban by tapping into early-stage startups. Get th  ( 35 min )

Microsoft Corp. Co-Founder Bill Gates held the title of the world’s richest man for the majority of 20 years before being surpassed by Amazon.com Inc. Founder Jeff Bezos. Yet, he continues to rank among the global elite in terms of wealth. To illustrate the scale of his fortune, consider this: The average person earns about $2.7 million in their lifetime, according to career information site Zippia. Gates earns approximately three to four times that amount in one day, highlighting the extent of  ( 35 min )

Learn the basic structure of a 401(k) and why it may not be enough to sustain you during retirement.  ( 26 min )

American depositary receipts of British American Tobacco tumbled to an all-time low after the maker of Camel and Lucky Strike said it's losing cigarette customers and plans to accelerate a switch to selling different tobacco products.  ( 19 min )

OPEC+ wants to prop up oil prices heading into 2024. It will have to go through an old adversary: the American shale patch. Benchmark U.S. crude slid below $70 a barrel after federal record keepers said  ( 24 min )

Over the last three weeks, 30-year mortgage rates have fallen to their cheapest level since August. And 30-year refi rates saw a one-day plunge, reversing their recent spike.  ( 19 min )

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Is it wise to start converting my 401(k) into an IRA (and then Roth) by 10% per year in order to avoid having to claim too much income each year when converting and also avoid RMDs as much as I can? -Cathy It's definitely smart to be thinking about this, Cathy. Systematic Roth conversions like […] The post Ask an Advisor: Is it Wise to Convert 10% of My 401(k) into a Roth IRA Each Year to Avoid Taxes and RMDs? appeared first on SmartReads by SmartAsset.  ( 36 min )

Robinhood Markets revealed crypto trading volumes were up 75% month over month in November. It could become a serious rival to Coinbase.  ( 24 min )

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J.M. Smucker Company (NYSE: SJM) reported better-than-expected earnings for its second quarter on Tuesday. The company posted a second-quarter FY24 sales decline of 12% year-on-year to $1.94 billion, missing the analyst consensus of $1.95 billion. Adjusted EPS of $2.59 beat the consensus estimate of $2.47, according to Benzinga Pro. J.M. Smucker revised FY24 adjusted EPS guidance to $9.25 - $9.65 (prior $9.45 - $9.85) versus the consensus of $9.48. With the recent buzz around Smucker following u  ( 35 min )

(Bloomberg) -- Oil stretched declines into a fifth session — touching the lowest since early July — as a flood of US exports and doubts over whether OPEC+ will be able to deliver on its planned production cuts raised concerns about oversupply.Most Read from BloombergBiden Says He Might Not Have Sought Reelection If Trump Weren’t RunningTreasury Frenzy Drives 10-Year Yield Below 4.2%: Markets WrapTruck-Stop Billionaire Fights Warren Buffett to Increase $18 Billion Fortune India Stock Value Tops $  ( 35 min )

New rules proposed by the Department of Energy (DOE) may mean a reduced, or even no federal tax credit at all, for electric vehicles made in North America.  ( 37 min )

British American Tobacco (UK: BATS), (BTI): The cigarette manufacturer’s U.S.-listed shares fell 9% after BAT [said it expected to take a $31.5 billion impairment](https://www.wsj.com/busines  ( 25 min )

British American Tobacco has taken a $31.5 billion impairment on its cigarette brands, but switching to healthier products isn’t straightforward.  ( 28 min )

David King, lead manager of the $1.2 billion Columbia Flexible Capital Income Fund, favors AT&T and Verizon stocks, which have bounced off their October lows but remain inexpensive.  ( 26 min )

Healthcare stocks like AbbVie and Johnson & Johnson are cash rich and offer solid dividend growth.  ( 24 min )

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Demand for cybersecurity is thriving as attacks proliferate. How Palo Alto Networks, Crowdstrike, and Zscaler could keep rising.  ( 32 min )

Electric-vehicle maker Tesla needs a more compact, less-expensive car to capture more of the auto market. The new EV could be it.  ( 24 min )

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The U.S. Federal Reserve will hold interest rates until at least July, later than earlier thought, according to a slim majority of economists in a Reuters poll who said the first cut would be to adjust the real rate of interest, not the start of stimulus. All but five of 102 economists in the Dec. 1-6 Reuters poll said the Fed was done hiking in this cycle, even though Chair Jerome Powell said last week policymakers were "prepared to tighten policy further if it becomes appropriate to do so". Despite recent strong economic growth and inflation running above target, markets are pricing in around 150 basis points of cuts next year, starting in March, a swift change from the "higher for longer" narrative just a few weeks ago.  ( 35 min )

The latest labor market data revealed a slowing jobs market furthering investor hopes for a soft landing.  ( 35 min )

Though markets are pricing in a 1% rate cut next year, fresh data on the labor market could shift the needle.  ( 35 min )

For the quarter, Asana posted revenue of $166.5 million, up 18% from a year earlier,  ( 21 min )

Here are the stocks making moves on Wednesday.  ( 25 min )

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Traders could be encouraged to sell the analytics-software stock in anticipation of further weakness if it falls through that mark.  ( 20 min )

The car rental company says the dividend is payable on Dec. 21 to stockholders of record as of Dec. 15.  ( 19 min )

Though markets are pricing in a 1% rate cut next year, fresh data on the labor market could shift the needle.  ( 35 min )

Suppose you sell your primary home and make a $750,000 profit. Will you owe capital gains tax on that profit? The short answer is yes. Depending on a handful of factors, you may owe tens of thousands of dollars to over a hundred thousand dollars. Your exact tax liability could vary drastically, so knowing what […] The post I’m Selling My Home and Netting $750k to Downsize for Retirement. Do I Have to Pay Capital Gains Taxes? appeared first on SmartReads by SmartAsset.  ( 37 min )

(Bloomberg) -- US mortgage rates fell to the lowest level in almost four months last week, spurring the biggest demand for refinancing since February.Most Read from BloombergBiden Says He Might Not Have Sought Reelection If Trump Weren’t RunningTreasury Frenzy Drives 10-Year Yield Below 4.2%: Markets WrapTruck-Stop Billionaire Fights Warren Buffett to Increase $18 Billion Fortune India Stock Value Tops $4 Trillion, Narrowing Gap With Hong KongMoody’s Cuts China Credit Outlook to Negative on Risi  ( 33 min )

Digital assets continue to benefit from a perfect storm of factors that has helped push prices skywards in recent weeks.  ( 27 min )

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Apple’s back above $3 trillion, Elon Musk’s AI start-up is raising $1 billion, bank CEOs emphasize economic risks of new capital proposals, and other news to start your day.  ( 39 min )

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Top bosses of JPMorgan, Morgan Stanley, Goldman Sachs and other major banks planned on Wednesday to warn lawmakers that capital hikes and other new regulations being contemplated by U.S. bank regulators will hurt credit markets and the broader economy. Worker pay and rights, mortgages, financial stability and the economy are also likely to feature when the CEOs of the country's eight largest banks appear before the Senate Banking Committee on Wednesday, said executives and analysts. The industry has been waging a fierce campaign to kill the "Basel Endgame" proposal, which overhauls how banks must calculate their loss-absorbing capital, and as regulators roll out fair lending and fee cap regulations, among other rules.  ( 35 min )

(Bloomberg) -- British American Tobacco Plc shares plunged the most in almost four years after the maker of Lucky Strikes said it would write down the value of some of its US cigarette brands by about £25 billion ($31.5 billion).Most Read from BloombergBiden Says He Might Not Have Sought Reelection If Trump Weren’t RunningTreasury Frenzy Drives 10-Year Yield Below 4.2%: Markets WrapTruck-Stop Billionaire Fights Warren Buffett to Increase $18 Billion Fortune India Stock Value Tops $4 Trillion, Na  ( 35 min )

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Bitcoin's reemergence from its "winter" has brought all of the familiar voices out of the woodwork. A big factor? A real ETF possibility.  ( 36 min )

Heading into the New Year, the markets are facing a confusing mix of currents. The pace of inflation is dropping, but prices remain high. Interest rates remain high, but there’s hope that the Fed will start cutting back sooner rather than later. Unemployment is low and corporate profits are up, but sales numbers show that the profits are coming from higher prices rather than higher demand. Which way things will go is still up in the air. There is still a chance of recession – or of a strong rebo  ( 39 min )

(Bloomberg) -- A sudden jump in the share prices of Chinese lithium producers is spurring optimism that a rout in the electric vehicle battery metal may be coming to an end. Most Read from BloombergBiden Says He Might Not Have Sought Reelection If Trump Weren’t RunningTreasury Frenzy Drives 10-Year Yield Below 4.2%: Markets WrapTruck-Stop Billionaire Fights Warren Buffett to Increase $18 Billion Fortune India Stock Value Tops $4 Trillion, Narrowing Gap With Hong KongMoody’s Cuts China Credit Out  ( 35 min )

TUI reported a net profit for fiscal 2023 and said it expected revenue for the year ahead to grow at least 10%, as winter 2023-24 bookings were up 11%.  ( 27 min )

London-listed group blames economic conditions, vaping and smokers quitting  ( 4 min )

British American Tobacco said it expects a one-off impairment of around £25 billion this year due to market pressure on some of its combustibles brands in the U.S. as it tries to increase revenue from nontraditional tobacco products.  ( 27 min )

LONDON (Reuters) -British American Tobacco said it would take a hit of around $31.5 billion as it writes down the value of some U.S. cigarette brands, acknowledging on Wednesday that its traditional market has no long term future. BAT's move comes as ever stricter regulation and growing awareness of health risks squeeze tobacco companies' traditional business, driving declines in cigarette volumes in some markets. The maker of Lucky Strike and Dunhill cigarettes also pointed to economic challenges in the U.S., where some inflation-weary consumers are downgrading to cheaper brands, and the rise of illicit disposable vapes putting pressure on its U.S. cigarette division.  ( 34 min )

Healthcare stocks like AbbVie and Johnson & Johnson are cash rich and offer solid dividend growth.  ( 25 min )

David King, lead manager of the $1.2 billion Columbia Flexible Capital Income Fund, favors AT&T and Verizon stocks, which have bounced off their October lows but remain inexpensive.  ( 25 min )

(Bloomberg) -- ByteDance Ltd., parent of social video phenom TikTok, is offering to buy back up to $5 billion from investors, according to people familiar with the matter.Most Read from BloombergTreasury Frenzy Drives 10-Year Yield Below 4.2%: Markets WrapBiden Says He Might Not Have Sought Reelection If Trump Weren’t RunningTruck-Stop Billionaire Fights Warren Buffett to Increase $18 Billion Fortune Moody’s Cuts China Credit Outlook to Negative on Rising DebtHow Suspects Laundered Billions in S  ( 35 min )

Investors in artificial-intelligence software firm C3.ai have questions about the growth rate, amid a recent setback to reach profitability. C3.ai reports fiscal-second-quarter results after the close Wednesday.  ( 24 min )

Demand for cybersecurity is thriving as attacks proliferate. How Palo Alto Networks, Crowdstrike, and Zscaler could keep rising.  ( 32 min )

"You've got to attack the guy that's making the marginal decision to drill or not — and that guy is Mr. Permian Basin."  ( 35 min )

(Bloomberg) -- Huawei Technologies Co. is among a field of “very formidable” competitors to Nvidia Corp. in the race to produce the best AI chips, according to the American company’s chief.Most Read from BloombergTreasury Frenzy Drives 10-Year Yield Below 4.2%: Markets WrapBiden Says He Might Not Have Sought Reelection If Trump Weren’t RunningTruck-Stop Billionaire Fights Warren Buffett to Increase $18 Billion Fortune Moody’s Cuts China Credit Outlook to Negative on Rising DebtHow Suspects Laund  ( 35 min )

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HOUSTON (Reuters) -Oil prices fell nearly 4% on Wednesday to their lowest settlements since June, as worries about global fuel demand mounted after U.S. data showed a larger-than-expected rise in gasoline inventories. Brent crude futures settled down $2.90, or 3.8%, at $74.30 a barrel. U.S. WTI crude futures fell by $2.94, or 4.1%, to $69.38 a barrel.  ( 35 min )

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U.S. crude exports have never been higher. Overseas buyers are incentivizing American producers to pump more “black gold.” The post America’s energy boom: Crude exports soar to record high appeared first on FreightWaves.  ( 35 min )

Smithfield Foods said on Tuesday it will end contracts with 26 hog farms in the U.S. state of Utah, in the latest contraction by the world's largest pork processor in the face of an industry oversupply. Pork producers have been losing money as pig prices and consumer demand for pork have struggled at a time of high costs for labor and other expenses. Smithfield, owned by Hong Kong's WH Group, said it will terminate employees who support its dealings with farms that raise hogs under production contracts.  ( 34 min )

The best high-yield savings account rate in the country is now up to 5.50%, the first time we've seen an APY that high in this year's historic run-up of savings account rates.  ( 19 min )

Today's best CD rates are 5.88% for 7 months from West Town Bank & Trust, 5.80% for 18 months from Seattle Bank, and 5.77% for 11 months from West Town Bank & Trust.  ( 20 min )

A retail industry ETF is an exchange-traded fund that invests in retail companies.  ( 24 min )

Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 23 min )

Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 20 min )

If you have a lot of cash parked in a savings account, high interest rates are your friend—and that may be one reason why the economy is doing so much better than many economists have predicted.  ( 20 min )

Here are 5 prize-winning economic theories you’ll want to be familiar with, spanning from behavioral finance to asymmetric information and game theory.  ( 29 min )

Warner Bros. Discovery and A24 inked a new deal to give the entertainment giant exclusive access to the independent film maker's titles, helping boost WBD shares.  ( 18 min )

A yen ETF is an exchange-traded fund that tracks the Japanese yen in the foreign exchange markets.  ( 26 min )

The S&P 500 lost 0.4% on Wednesday, Dec. 6, 2023, as the markets considered the impact of this week's slew of labor market reports on Fed decision making.  ( 18 min )

Campbell Soup shares soared after the soup maker beat profit estimates and issued guidance ahead of expectations as it benefited from higher prices.  ( 18 min )

Inflation is an enemy to investors - except to those who invest in IPS, which guarantee a real rate of return with no credit risk.  ( 22 min )

Hash rate is the measure of the computational power in a proof-of-work (PoW) cryptocurrency miner, pool, or network. High hash rates equal better odds of winning.  ( 23 min )

A stock exchange-traded fund is a security that tracks a particular set of equities or index but trades like a stock on an exchange.  ( 23 min )

Tax-deductible interest is a borrowing expense that taxpayers can claim on federal and state tax returns to reduce their taxable income and save money.  ( 27 min )

Google unveiled Gemini, a new artificial intelligence (AI) model which could make the tech giant more competitive in the AI race.  ( 18 min )

A passive ETF is a method to invest in an entire index or sector with the benefits of low costs and transparency absent in active investing.  ( 22 min )

The terms American- and European-style options indicate the type of execution an option contract has. They're similar in some ways but their differences are important.  ( 24 min )

Exchange-traded notes (ETNs) are a type of unsecured debt security that tracks an underlying index of securities and trades on a major exchange like a stock.  ( 26 min )

Avalanche (AVAX) is a cryptocurrency and blockchain platform that rivals Ethereum. Avalanche stands out for its speed and scalability.  ( 23 min )

The International Air Transport Association said member airlines are expected to post record revenue in 2024 due to passenger levels rising above pre-pandemic levels.  ( 19 min )

You can potentially negotiate lower debt with lenders by using some key strategies, including by paying a lump sum for debt forgiveness. Learn key tips for debt negotiation.  ( 27 min )

Thinking outside of the box when it comes to meeting prospective wealthy clients can ultimately pay off.  ( 24 min )

A drop in mortgage rates last week convinced some homeowners that it was a good time to refinance their home loans, possibly indicating that the dearth in refinancing has hit bottom.  ( 19 min )

Most investors and traders tend to use cryptocurrency exchanges to make purchases and trades. But there are additional fees for using their services.  ( 25 min )

Chinese EV maker Nio Inc. reportedly plans to spin off its battery manufacturing unit in a matter of weeks, accelerating the company's trajectory toward profitability.  ( 18 min )

Whether the Roth 401(k) or the Roth IRA is a better choice depends on age, income, and if you would like to use your savings before retirement.  ( 29 min )

The price of gold has been hitting record highs lately—but if you factor in inflation, it's lower than the peak it hit in 1980. It's also returned less than stocks and bonds.  ( 19 min )

Work management software company Asana Inc. warned that macroeconomic headwinds continue to affect business; its shares dropped Wednesday.  ( 18 min )

Vivian Tu, aka Your Rich BFF, joins The Express to talk about how she became one of the most followed Fin-fluencers on social media, and shares the personal finance and wealth building secrets no one ever bothered tell us.  ( 17 min )

U.S. equities were up at midday on Wednesday, Dec. 6, 2023 after better-than-expected reports on labor costs and productivity.  ( 18 min )

Most economic externalities can be efficiently solved through a system of private property rights, in which costs and benefits can be negotiated.  ( 23 min )

Learn the basic structure of a 401(k) and why it may not be enough to sustain you during retirement.  ( 26 min )

American depositary receipts of British American Tobacco tumbled to an all-time low after the maker of Camel and Lucky Strike said it's losing cigarette customers and plans to accelerate a switch to selling different tobacco products.  ( 19 min )

Learn about the FFCRA, which provides paid sick leave, COVID-19 testing, nutritional assistance, extended unemployment benefits, and more.  ( 27 min )

Nvidia CEO Jensen Huang said the chip maker is developing products that will comply with the Biden administration's restrictions on chip exports to China.  ( 19 min )

Cryptohunters are individuals or businesses that claim to be able to recover your lost or stolen coins and wallet keys.  ( 24 min )

Over the last three weeks, 30-year mortgage rates have fallen to their cheapest level since August. And 30-year refi rates saw a one-day plunge, reversing their recent spike.  ( 19 min )

Learning how to buy Bitcoin with a credit card might seem like a great idea, but there’s a lot to take into consideration to ensure that you are doing it right.  ( 23 min )

Advisors need to make a living too, but doing so by cutting corners at a client's expense isn't right. Here are the top complaints against advisors.  ( 22 min )

An overview of the top three credentials for financial advisors and what they require.  ( 21 min )

Electric car maker Nio, Starbucks, and Oil made notable chart moves on Tuesday. We look at the reasons why and identify important chart levels to watch.  ( 19 min )

You can't control how clients react to the market, but you can help them understand the reality of the situation.  ( 22 min )

Explore the differences between the market price and net asset value of an exchange-traded fund (ETF). Learn more about the factors that affect each.  ( 24 min )

Nvidia’s CEO said the chip maker will develop products to sell to China that comply with U.S. export restrictions and Chinese EV maker Nio will reportedly spin off its battery production unit into a separate unit. Here’s what investors need to know today.  ( 19 min )

Good negotiating results in an agreement that benefits all involved. Learn the tactics that good negotiators use to help you achieve an outcome that you want.  ( 23 min )

If you don't want to pay a financial pro to help you plan for retirement, consider mapping out a plan with these simple, do-it-yourself strategies.  ( 29 min )

Discover which country spends the most on research and development, in both dollar terms and as a percentage of gross domestic product.  ( 23 min )

Refundable AMT credits were available to those who exercised incentive stock options. They helped taxpayers save on taxes, AMT bills, and more, but expired in 2012.  ( 25 min )

Effective networking is essential for financial advisors looking to grow their practice. Here are some tips on how to make the process easier.  ( 20 min )

A credit card balance transfer can be a way to pay off your credit card debt more quickly while also saving on interest. But there are some risks.  ( 26 min )

Warner Bros. Discovery and A24 inked a new deal to give the entertainment giant exclusive access to the independent film maker's titles, helping boost WBD shares.  ( 1 min )

Campbell Soup shares soared after the soup maker beat profit estimates and issued guidance ahead of expectations as it benefited from higher prices.  ( 1 min )

Google unveiled Gemini, a new artificial intelligence (AI) model which could make the tech giant more competitive in the AI race.  ( 1 min )

Chinese EV maker Nio Inc. reportedly plans to spin off its battery manufacturing unit in a matter of weeks, accelerating the company's trajectory toward profitability.  ( 1 min )

American depositary receipts of British American Tobacco tumbled to an all-time low after the maker of Camel and Lucky Strike said it's losing cigarette customers and plans to accelerate a switch to selling different tobacco products.  ( 1 min )

The S&P 500 lost 0.4% on Wednesday, Dec. 6, 2023, as the markets considered the impact of this week's slew of labor market reports on Fed decision making.  ( 1 min )

The International Air Transport Association said member airlines are expected to post record revenue in 2024 due to passenger levels rising above pre-pandemic levels.  ( 1 min )

A drop in mortgage rates last week convinced some homeowners that it was a good time to refinance their home loans, possibly indicating that the dearth in refinancing has hit bottom.  ( 1 min )

The price of gold has been hitting record highs lately—but if you factor in inflation, it's lower than the peak it hit in 1980. It's also returned less than stocks and bonds.  ( 1 min )

U.S. equities were up at midday on Wednesday, Dec. 6, 2023 after better-than-expected reports on labor costs and productivity.  ( 1 min )

Stock futures were higher in premarket trading on Wednesday as private payroll data showed job and wage growth slowing in November, adding to evidence the labor market is cooling as employers feel the pressure of the Federal Reserve's rate hikes.  ( 1 min )

Electric car maker Nio, Starbucks, and Oil made notable chart moves on Tuesday. We look at the reasons why and identify important chart levels to watch.  ( 1 min )

Nvidia’s CEO said the chip maker will develop products to sell to China that comply with U.S. export restrictions and Chinese EV maker Nio will reportedly spin off its battery production unit into a separate unit. Here’s what investors need to know today.  ( 1 min )

Bestuurders van een elektrische bestelbus tussen de 3.500 en 4.250 kilo hebben vanaf 1 juli 2024 een vrachtwagenbewijs nodig. Een 'gewoon' B-rijbewijs is dan onvoldoende.  ( 10 min )

Kinderen tot twaalf jaar kunnen vanaf 23 december in een groot deel van Noord-Holland gratis met de bus reizen, als zij met een volwassene zijn. Op steeds meer plekken in Nederland is dat nu mogelijk.  ( 8 min )

Twee op de drie energieleveranciers maakt het voor eigenaren van zonnepanelen onaantrekkelijk of onmogelijk om vaste energiecontracten af te sluiten voor een lange looptijd. Consumenten die zonnestroom opwekken hebben daardoor weinig keuze als ze zekerheid voor twee of drie jaar willen.  ( 9 min )

Het doek is gevallen voor sportkledingwinkels Perry Sport, Aktiesport en Sprinter. Moederbedrijf van deze winkels Sports Unlimited Retail is vandaag failliet verklaard. De drie winkelketens hebben in Nederland ruim vijftig winkels en meer dan duizend werknemers.  ( 9 min )

Het doek is gevallen voor sportkledingwinkels Perry Sport, Aktiesport en Sprinter. Moederbedrijf van deze winkels Sports Unlimited Retail is vandaag failliet verklaard, bevestigt een woordvoerder van de rechtbank van Amsterdam na berichtgeving van RTL Nieuws.  ( 8 min )

Als je in het nieuwe jaar zeker wil zijn van de hoogte van je energierekening, kan je het beste voor een vast contract kiezen. Dat adviseert de Autoriteit Consument & Markt (ACM).  ( 9 min )

Ook volgend jaar kunnen mensen met een kleine portemonnee compensatie aanvragen voor de hoge energierekening. Het Tijdelijk Noodfonds Energie gaat in naar verwachting in januari 2024 voor de tweede keer open.  ( 8 min )

Minimaal 10.000 Nederlanders hebben een te hoge hypotheek of andere lening gekregen. Dit komt doordat kredietverstrekkers fouten hebben gemaakt bij het bepalen hoeveel geld de klanten maximaal mochten lenen. Dat meldt Autoriteit Financiële Markten (AFM).  ( 8 min )

Een recordaantal mensen in ons land werkt in deeltijd: 4,7 miljoen. De verwachting is dat de groei de komende jaren doorzet. En dat betekent dat we dan mogelijk evenveel deeltijders als voltijders hebben.  ( 11 min )

Reisconcern TUI heeft voor het eerst in vier jaar weer winst gemaakt. Het Duitse bedrijf profiteert van het grote aantal mensen dat sinds het einde van de coronapandemie weer op vakantie wil.  ( 9 min )

In deze aflevering krijgen NU.nl-klimaatverslaggever Jeroen Kraan en nieuwslezer Anne-Marie Rozing een rondleiding door de Tata Steel-fabriek en bespreken ze de groene waterstofplannen van de fabriek. Plannen waar de architect zelf inmiddels pessimistisch over is.  ( 7 min )

Tien grote energie- en industriebedrijven in Nederland krijgen samen jaarlijks gemiddeld 8,8 miljard euro aan fossiele subsidies, zo blijkt uit onderzoek. "Een enorm bedrag dat de Nederlandse overheid jaarlijks overmaakt aan een selecte groep grote vervuilers en hun aandeelhouders", zegt Milieudefensie-directeur Donald Pols.  ( 9 min )

Israëlische autoriteiten hebben onderzoek gedaan naar verdachte aandelentransacties. Enkele beleggers zouden hebben geprofiteerd van dalende beurskoersen door de aanslag van Hamas op 7 oktober, waarbij zeker twaalfhonderd Israëliërs omkwamen.  ( 9 min )

Nederlanders hebben bijna dubbel zoveel geld op een buitenlandse rekening staan als twee jaar geleden. Toen ging het om 5,6 miljard euro, eind september was dat gegroeid naar 10,5 miljard. Toch is dat minder dan 2 procent van het totale Nederlandse banktegoed.  ( 9 min )

Er is geen sprake van dat Tata Steel pas milieumaatregelen neemt als de overheid ingrijpt. "We kunnen proactiever zijn. Dat herken ik wel", zegt directeur Hans van den Berg. Maar van de harde kritiek van de toezichthouder neemt hij afstand.  ( 14 min )

A few months ago, the sentiment toward shares of the semiconductor powerhouse Nvidia (NASDAQ:NVDA) was that it had peaked, prompting investors to consider booking profits. However, I retained my bullish stance on September 15. About two months later, NVDA stock reached an all-time high of $505.48. More recently, though, it dipped despite an impressive Q3 print, hovering around $466 due to concerns about export restrictions to China. Nevertheless, I’m sticking with my bullish stance. I believe NV  ( 36 min )

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For the quarter, Asana posted revenue of $166.5 million, up 18% from a year earlier,  ( 21 min )

CD rates have already reached their highest levels in more than 20 years. Are further increases in the cards, or will 2024 see the best CD rates come down from record peaks?  ( 21 min )

How much does it cost to insure an electric car? Is EV insurance more expensive than a traditional auto insurance policy? We explain.  ( 34 min )

In addition to raising its dividend, Mastercard approved a new stock repurchase program.  ( 19 min )

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The “Shark Tank” star with a $100 million net worth says paying 20% down is key—and explains why.  ( 35 min )

This has been a good year for stocks, no doubt about that. The S&P 500 has gained 19% year-to-date, after a gangbusters November, and the outlook for December, while more moderate, remains positive. The markets have made these gains despite a strong set of headwinds, including the Federal Reserve’s turn to a policy of aggressive monetary tightening and interest rate hikes; the ongoing war in Ukraine; and now the flare-up of war in the Middle East. This stock rally is showing real strength, and t  ( 37 min )

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Procter & Gamble said it will write down up to $2.5 billion in charges for a restructuring, along with impairment of its Gillette business.  ( 17 min )

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Shares of Charter Communications dropped after the company's CFO said its internet subscribers could decline in the current quarter. The stock was recently down about 9%. The warning also weighed on shares of Comcast, Altice, Liberty and Cable One. Charter's shares were the worst performers on the  ( 24 min )

Allete, a U.S. power utility and renewable energy developer that has a market value of about $5 billion, including debt, is exploring a sale of the company, people familiar with the matter said on Tuesday. Allete is working with JPMorgan Chase & Co on a sale process that has attracted suitors that include infrastructure funds and buyout firms, the sources said, cautioning that no deal is certain and asking not to be identified because the matter is confidential. Allete and JPMorgan did not immediately respond to requests for comment.  ( 34 min )

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AT&T shares were rising on Tuesday after the firm announced a new network deal with Ericsson. Shares of AT&T were up 3.9%. Ericsson shares were up 4.1%. The company said it plans to spend up to $14 billion on network equipment over a five-year deal with Ericsson. AT&T said it plans to “lead the U  ( 16 min )

(Bloomberg) -- Michael Dell is taking steps to donate Dell Technologies Inc. shares worth as much as $1.74 billion.Most Read from BloombergBonds Up as Slackening Jobs Fuel Fed-Pivot Views: Markets WrapHow Suspects Laundered Billions in Singapore for YearsMoody’s Cuts China Credit Outlook to Negative on Rising DebtHarvard Alumni Rebuke Its Israel Response With Mere $1 DonationsPutin Plans Visit to Gulf in Wake of OPEC+ Deal on Output CutsDell converted 25 million shares owned by him and a trust i  ( 34 min )

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Google search data shows that interest in Tesla is up following the launch of its uniquely designed Cybertruck.  ( 25 min )

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Investors are looking to labor market readings as they decide whether to put hopes for an interest rate cut on ice.  ( 41 min )

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Saving for retirement is an essential goal for many Americans, but achieving the ideal savings target remains elusive for many. In 2023, the average American retiree had about $170,726 in retirement savings, a decrease from $191,659 at the beginning of 2022. This 10% reduction is significantly lower than the recommended $555,000. Only 12% of retirees have achieved or exceeded this recommended savings amount. Don’t Miss: The average American couple has saved this much money for retirement — How d  ( 36 min )

Employees don’t necessarily want to work from home; they really just want to have options.  ( 35 min )

Oil related equities face a headwind next year, according to analysts at Citi: excess spare capacity.  ( 36 min )

Buffett-backed Occidental is reportedly among the top bidders for CrownRock, raising the prospect it may turn to Berkshire Hathaway for funding again.  ( 35 min )

Exxon Mobil Corp. (NYSE:XOM) stock started trading at $104.27 on Nov. 29, with a market cap exceeding $414 billion. The 52-week low price for Exxon was $98.02, and the 52-week high was $120.07. The dividend for the quarter ending June to September was $0.91 per share against $0.88 for the same period of 2022, according to the company's 10-Q filing on Oct. 31. The cumulative dividend from January to September was $2.73 per share, higher than $2.64 per share for the preceding year. Dividend paymen  ( 35 min )

BMO Capital Markets analyst Rufus Hone took over coverage of Block at Outperform and PayPal at Market Perform.  ( 21 min )

U.S. Rep. Ro Khanna (D-California) posted on X earlier this month to gain support for his Stop Wall Street Landlords Act bill. "The last thing Americans need is a Bezos-backed investment company further consolidating single-family homes and putting homeownership out of reach for more and more people," he posted on X. "Housing should be a right, not a speculative commodity. Congress must pass my Stop Wall Street Landlords Act." The post was in response to an article published two days earlier abo  ( 35 min )

I’m 58 and I have $700,000 in 401(k)s and IRAs. I have no credit card debt, no auto loan payments and no student loans. I sold my home in California and paid cash for a house in Texas, so I have no mortgage. I’m retired military and bring in about $2,200 per month after taxes. […] The post Ask an Advisor: How Do I Cover $3,000 in Monthly Living Expenses? I’m 58 With $700k in Retirement Savings, But I Won’t Collect Social Security for 7 Years appeared first on SmartReads by SmartAsset.  ( 36 min )

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I have a million dollars and I want to put it to work for me. Where can I put it to make the most amount of passive income from it? Also, how can I minimize taxes on that to be able to keep more of that money? – Andrea While today's high-interest rate environment has […] The post Ask an Advisor: I Have $1 Million and Want It to Work for Me. How Do I Maximize Passive Income and Minimize Taxes? appeared first on SmartReads by SmartAsset.  ( 36 min )

AT&T's new $14 billion supply deal with Ericsson could save money but won't give the cellphone carrier a "secret sauce" for thinning out expenses, its CEO said Tuesday. Speaking to a UBS investor confer  ( 24 min )

Many people have turned to annuities as a reliable means of securing a stable income during retirement. Financial advisers often highlight annuities as a prudent choice for those looking to manage retirement finances effectively. With a $150,000 annuity, the monthly income potential varies based on several key factors, such as the type of annuity chosen, the age of the annuitant and the length of the payout period. Annuities, which are financial products offered by insurance companies, serve as  ( 36 min )

After a rash of layoffs at the beginning of the year, some companies are cutting jobs as 2023 winds down and a strong labor market shows signs of cooling.  ( 29 min )

With another notable fall, rates on 30-year mortgages are now down to their lowest level in almost four months. Most loan averages declined, though refi rates were mixed.  ( 19 min )

If things don't stabilize at his social-media firm X, Elon Musk might have to break a promise he made about his Tesla stock sales.  ( 28 min )

Alaska stock tumbled more than 14% Monday as shareholders digested the carrier’s proposed tie-up with Hawaiian Airlines’ parent company.  ( 26 min )

Investors are looking to labor market readings as they decide whether to put hopes for an interest-rate cut on ice.  ( 37 min )

American depositary receipts of Ericsson rose while Nokia fell after Ericsson won a $14 billion contract with AT&T to upgrade its wireless network.  ( 17 min )

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Procter & Gamble flagged up to $2.5 billion in restructuring charges for its international operations and an impairment hit for assets it had picked up with the 2005 acquisition of Gillette.  ( 29 min )

Drugstore chain CVS guided fiscal 2024 revenue higher than expected, and raised the quarterly dividend by 10%.  ( 19 min )

The consumer goods giant said it would take a $1.3 billion non-cash impairment charge before tax in the current quarter ending Dec. 31 on its Gillette business, which it acquired in 2005. The charges will be between $1 billion and $1.5 billion after tax, P&G said. P&G blamed a stronger U.S. dollar for the charges.  ( 34 min )

Shares in Chinese stocks tumbled on Tuesday after the ratings firm slashed its outlook on Chinese government credit.  ( 21 min )

Wells Fargo CEO Charlie Scharf told investors on Tuesday he expects to book higher-than-anticipated severance expenses between $750 million to a little less than $1 billion in the fourth quarter. "We are continuing to focus on efficiency with turnover dropping, unfortunately, we're going to have to be more aggressive about our own internal actions," Scharf said, adding that he thinks it would be the right step in the long term. Last month the bank laid off fewer than 50 bankers from its corporate and investment bank, after the San Francisco-based lender had warned earlier its headcount could decline further in an effort to become more efficient.  ( 34 min )

Investors are looking to labor market readings as they decide whether to put hopes for an interest-rate cut on ice.  ( 35 min )

GitLab stock surged Tuesday on its first ever adjusted operating profit. However, a rival software-development company could offer a better way to play growing demand in the sector according to analysts at D.A. Davidson.  ( 22 min )

Investors were quick to pull the trigger and sell Take-Two Interactive Software stock, after the owner of Rockstar Games and publisher of Grand Theft Auto put out a trailer of the videogame franchise’s next installment and announced a launch window.  ( 21 min )

Drugstore chain CVS guided fiscal 2024 revenue higher than expected, and raised the quarterly dividend by 10%.  ( 19 min )

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Lamborghini reached a deal with unions to introduce a four-day week for its production workers, the labour associations and the company said on Tuesday, as more manufacturing groups re-consider the structure of the work week for their employees. The FIOM and FIM-CISL unions said the agreement is "historical" as it is the first in the automotive industry in Europe to achieve a significant reduction in working hours without cutting wages, but rather increasing them. Similar four-day week schemes adopted in other European countries, such as the UK, have found that employees worked more in less time, job retention and recruitment improved and sickness levels had gone down.  ( 33 min )

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Should you make 401(k) or Roth IRA contributions? In a perfect world, the answer would be both. If you have the means, maximizing your traditional 401(k) and Roth contributions is a great way to build a diversified set of retirement savings. But, of course, your paycheck gets a vote. So, if you have to choose, […] The post My Husband and I Are in Our 50s, Have $1 Million in Our 401(k)s and Want to Retire at 65. Should We Switch to Roth Contributions? appeared first on SmartReads by SmartAsset.  ( 35 min )

Investors are looking to labor market readings as they decide whether to put hopes for an interest-rate cut on ice.  ( 35 min )

The company has narrowed its focus on its drugs and medical devices business since it hived off its consumer health unit earlier this year. "We think we're very well positioned, even in spite of what will be the beginning of some biosimilar entrants to Stelara outside the US in mid to second half of 2024," Chief Financial Officer Joseph Wolk told Reuters. J&J, which plans to launch at least 20 new therapies by 2030, said over 10 of its products had the potential to generate more than $5 billion in peak year sales - including newer cancer treatments Talvey and Tecvayli.  ( 34 min )

The next installment of one of the biggest franchises in videogames is set for release in 2025.  ( 21 min )

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A retail trading boom has spawned ETFs paying fat dividends, but caveat emptor.  ( 29 min )

Shares of the healthcare conglomerate were up nearly 3% in premarket trading. The healthcare conglomerate also said it was bringing its portfolio of health services such as doctors clinics and pharmacies under an umbrella brand called CVS Healthspire.CVS forecast revenue of at least $366 billion, ahead of analysts' average estimate of $345.81 billion, according to LSEG data. The company's 2024 adjusted profit forecast of at least $8.51 per share was largely in line with Wall Street estimates.  ( 33 min )

"The primary risk that could knock us off course is a Federal Reserve that remains fixated on inflation fears."  ( 36 min )